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Cooperation, social capital and economic performance

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  • Marcos Fernandes Gonçalves da Silva

Abstract

The objective of this paper is to define social capital as social infrastructure and to try to include this variable in an economic growth model. Considering social capital in such a way could have an impact on the productivity of production factors. Firstly, I will discuss how institutional variables can affect growth. Secondly, after analyzing several definitions of social capital, I will point out the benefits and problems of each one and will define social capital as social infrastructure, aiming to introduce this variable into an economic growth model. Finally, I will try to open the way for subsequent empirical studies, both in the area of measuring the stock of social infrastructure as well as those comparing economies, with the idea of showing the impact of social infrastructure on economic growth. JEL Classification: A13, O10, Z13.

Suggested Citation

  • Marcos Fernandes Gonçalves da Silva, 2006. "Cooperation, social capital and economic performance," Brazilian Journal of Political Economy, Center of Political Economy, vol. 26(3), pages 345-363.
    • Handle: RePEc:ekm:repojs:v:26:y:2006:i:3:p:345-363:id:604
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    More about this item

    Keywords

    social capital; economic development; institutions; ethics;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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