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Social Capital And Industrial District Development: The Role Of The Local Government

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Author Info

  • castagna alina

    ()
    (dmqte - university of chieti-pescara, management sciences)

  • colantonio emiliano

    (dmqte - university of chieti-pescara, management sciences)

  • furia donatella

    (dmqte - university of chieti-pescara, management sciences)

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    Abstract

    The paper represent a theoretical attempt to investigate the role that the local government can play in improving the level of social capital for the development of industrial districts. The social capital is not, as generally suggested by the socio-economic literature, an individual attitude towards something which does not imply privately appropriable economic benefits, as it is for a pure public good (which would not imply privately appropriable benefits). Social capital should be interpreted as a public component of an investment which implies private and public benefits entangled with each other. Firms could not have sufficient incentive to increase its investment in social capital, because this investment strictly depends on the economic convenience of investing in the impure public good. Starting from this point of view, we underline the importance of investing local public resources (funds, time and effort) for the development of the local social capital.

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    File URL: http://anale.steconomiceuoradea.ro/volume/2012/n1/042.pdf
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    Bibliographic Info

    Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

    Volume (Year): 1 (2012)
    Issue (Month): 1 (July)
    Pages: 284-289

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    Handle: RePEc:ora:journl:v:1:y:2012:i:1:p:284-289

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    Web page: http://anale.steconomiceuoradea.ro/
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    Related research

    Keywords: districts; social capital; local government aid;

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    1. repec:rie:review:v:11:y:2006:i:3:n:2 is not listed on IDEAS
    2. Rupasingha, Anil & Goetz, Stephan J., 2007. "Social and political forces as determinants of poverty: A spatial analysis," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(4), pages 650-671, August.
    3. Daniel V. Rainey & Kenneth L. Robinson & Ivye Allen & Ralph D. Christy, 2003. "Essential Forms of Capital for Sustainable Community Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(3), pages 708-715.
    4. Rupasingha, Anil & Goetz, Stephan J. & Freshwater, David, 2000. "Social Capital And Economic Growth: A County-Level Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(03), December.
    5. Anil Rupasingha & Stephan J. Goetz & David Freshwater, 2002. "Social and institutional factors as determinants of economic growth: Evidence from the United States counties," Papers in Regional Science, Springer, vol. 81(2), pages 139-155.
    6. Cainelli, Giulio & Mancinelli, Susanna & Mazzanti, Massimiliano, 2007. "Social capital and innovation dynamics in district-based local systems," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(6), pages 932-948, December.
    7. Sjoerd Beugelsdijk & Henri L.F. de Groot & Anton B.T.M. van Schaik, 2004. "Trust and economic growth: a robustness analysis," Oxford Economic Papers, Oxford University Press, vol. 56(1), pages 118-134, January.
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