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Participation, growth and social poverty: social capital in a homogeneous society

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  • Antoci, Angelo
  • Sacco, Pier Luigi
  • Vanin, Paolo

Abstract

We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to social activities. Under-investment in social capital maylead a growing economy to fall into a social poverty trap. We argue that this risk is particularly relevant for advanced societies.

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File URL: http://mpra.ub.uni-muenchen.de/13661/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13661.

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Date of creation: 2008
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Handle: RePEc:pra:mprapa:13661

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Related research

Keywords: Social capital; self-protection choices; social poverty traps;

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References

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  1. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 112(483), pages 437-458, November.
  2. Corneo, Giacomo & Jeanne, Olivier, 1999. "Social Organization in an Endogenous Growth Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(3), pages 711-25, August.
  3. Samuel Bowles & Herbert Gintis, 2002. "Social Capital and Community Governance," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 112(483), pages 419-436, November.
  4. Kurt Annen, 2001. "Inclusive and Exclusive Social Capital in the Small-Firm Sector in Developing Countries," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, Mohr Siebeck, Tübingen, vol. 157(2), pages 319-, June.
  5. Denice DiPasquale & Edward L. Glaeser, 1997. "Incentives and Social Capital: Are Homeowners Better Citizens?," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1815, Harvard - Institute of Economic Research.
  6. Knack, Stephen & Keefer, Philip, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 112(4), pages 1251-88, November.
  7. Glaeser, Edward Ludwig & Laibson, David I. & Scheinkman, Jose A. & Soutter, Christine L., 2000. "Measuring Trust," Scholarly Articles 4481497, Harvard University Department of Economics.
  8. Paldam, Martin & Svendsen, Gert Tinggaard, 2000. "An essay on social capital: looking for the fire behind the smoke," European Journal of Political Economy, Elsevier, Elsevier, vol. 16(2), pages 339-366, June.
  9. Schiff, Maurice, 2002. "Love thy neighbor: trade, migration, and social capital," European Journal of Political Economy, Elsevier, Elsevier, vol. 18(1), pages 87-107, March.
  10. Schiff, Maurice, 1999. "Labor market integration in the presence of social capital," Policy Research Working Paper Series, The World Bank 2222, The World Bank.
  11. Alesina, Alberto & La Ferrara, Eliana, 2002. "Who trusts others?," Journal of Public Economics, Elsevier, Elsevier, vol. 85(2), pages 207-234, August.
  12. Jonathan Temple & Paul A. Johnson, 1998. "Social Capability And Economic Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 113(3), pages 965-990, August.
  13. Antoci, Angelo & Sacco, Pier Luigi & Vanin, Paolo, 2004. "Social capital accumulation and the evolution of social partecipation," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 5-2004, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
  14. Zak, Paul J & Knack, Stephen, 2001. "Trust and Growth," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 111(470), pages 295-321, April.
  15. Routledge, Bryan R. & von Amsberg, Joachim, 2003. "Social capital and growth," Journal of Monetary Economics, Elsevier, Elsevier, vol. 50(1), pages 167-193, January.
  16. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, Elsevier, vol. 10(1), pages 122-142, July.
  17. Cornes, Richard & Sandler, Todd, 1984. "Easy Riders, Joint Production, and Public Goods," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 94(375), pages 580-98, September.
  18. Mani Nepal & Alok K. Bohara & Robert P. Berrens, 2007. "The Impacts of Social Networks and Household Forest Conservation Efforts in Rural Nepal," Land Economics, University of Wisconsin Press, vol. 83(2), pages 174-191.
  19. Spagnolo, Giancarlo, 1999. "Social relations and cooperation in organizations," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 38(1), pages 1-25, January.
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Citations

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Cited by:
  1. Sabatini, Fabio & Antoci, Angelo & Sodini, Mauro, 2010. "The Solaria Syndrome: Social Capital in a Growing Hyper-technological Economy," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 71-2010, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
  2. Angelo Antoci & Fabio Sabatini & Mauro Sodini, 2009. "The fragility of social capital," Department of Economics University of Siena, Department of Economics, University of Siena 551, Department of Economics, University of Siena.
  3. Antoci, Angelo & Sabatini, Fabio & Sodini, Mauro, 2011. "Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 86-2011, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
  4. Antoci Angelo & Sabatini Fabio & Sodini Mauro, 2009. "Will growth and technology destroy social interaction? The inverted U-shape hypothesis," wp.comunite, Department of Communication, University of Teramo 0057, Department of Communication, University of Teramo.
  5. Antoci, Angelo & Sodini, Mauro & Zarri, Luca, 2012. "Relational consumption and nonlinear dynamics in an overlapping generations model," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 103-2012, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
  6. Luca Andriani & Dimitrios Karyampas, 2010. "Social Capital, Poverty and Social Exclusion in Italy," Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics 1005, Birkbeck, Department of Economics, Mathematics & Statistics.

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