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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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Bibliographic Info

Paper provided by Economics and Econometrics Research Institute (EERI), Brussels in its series EERI Research Paper Series with number EERI_RP_2011_07.

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Date of creation: 07 Apr 2011
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Handle: RePEc:eei:rpaper:eeri_rp_2011_07

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Keywords: Economic growth; social capital; social norms; technological progress.;

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References

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  1. Akçomak, I. Semih & ter Weel, Bas, 2008. "Social Capital, Innovation and Growth: Evidence from Europe," IZA Discussion Papers 3341, Institute for the Study of Labor (IZA).
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Cited by:
  1. Sabatini, Fabio & Sarracino, Francesco, 2014. "E-participation: social capital and the Internet," MPRA Paper 55722, University Library of Munich, Germany.
  2. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2012. "Do cooperative enterprises create social trust?," EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels EERI_RP_2012_10, Economics and Econometrics Research Institute (EERI), Brussels.
  3. Sabatini, Fabio & Sarracino, Francesco & Yamamura, Eiji, 2014. "Social norms on rent seeking and preferences for redistribution," EconStor Preprints, ZBW - German National Library of Economics 98662, ZBW - German National Library of Economics.
  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.
  5. 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, Department of Economics, University of Siena 692, Department of Economics, University of Siena.

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