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

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Author Info

  • 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://www.eeri.eu/documents/wp/EERI_RP_2011_07.pdf
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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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Related research

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

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References

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  1. Akcomak, Semih & ter Weel, Bas, 2006. "Social Capital, Innovation and Growth: Evidence from Europe," UNU-MERIT Working Paper Series 040, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
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Cited by:
  1. 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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