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Economic Growth, Technological Progress and Social Capital: The Inverted U Hypothesis

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  • Angelo Antoci
  • Fabio Sabatini
  • Mauro Sodini

Abstract

We set up a theoretical framework to analyze the possible role of economic growth and technological progress in the erosion of social capital. Under certain parameters, the relationship between technological progress and social capital can take the shape of an inverted U curve. We show the circumstances allowing the economy to follow trajectories where the stock of social capital grows endogenously and unboundedly.

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File URL: http://hdl.handle.net/10.1111/meca.12007
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Bibliographic Info

Article provided by Wiley Blackwell in its journal Metroeconomica.

Volume (Year): 64 (2013)
Issue (Month): 3 (07)
Pages: 401-431

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Handle: RePEc:bla:metroe:v:64:y:2013:i:3:p:401-431

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  1. Akcomak, Semih & ter Weel, Bas, 2006. "Social Capital, Innovation and Growth: Evidence from Europe," MERIT Working Papers 040, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
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Cited by:
  1. Fabio Sabatini & Francesco Sarracino, 2013. "Will Facebook save or destroy social capital? An empirical investigation into the effect of online interactions on trust and networks," Department of Economics University of Siena 692, Department of Economics, University of Siena.
  2. Sabatini, Fabio & Sarracino, Francesco, 2014. "E-participation: social capital and the Internet," MPRA Paper 55722, University Library of Munich, Germany.
  3. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2012. "Do cooperative enterprises create social trust?," EERI Research Paper Series EERI_RP_2012_10, Economics and Econometrics Research Institute (EERI), Brussels.
  4. Antoci, Angelo & Sabatini, Fabio & Sodini, Mauro, 2011. "Bowling alone but tweeting together: the evolution of human interaction in the social networking era," MPRA Paper 34232, University Library of Munich, Germany.

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