Economic Growth and Social Capital in Italy
We find strong convergence of per capita incomes among the Italian regions during the 1960s and 1970s. Convergence is faster, and equilibrium income levels higher, in regions with more social capital, using any of three measures: an index of civic community, the effectiveness of regional government, and citizen satisfaction with regional government. Our evidence also supports the idea that the post-1983 increases in regional dispersion of per capita GDP are due to the increased autonomy of regional governments being used more effectively in regions with higher levels of social capital. Both results confirm Putnam's view that social institutions matter, while also supporting a version of conditional convergence that makes catching-up a function of the size of the productivity gap between the richer and poorer regions.
Volume (Year): 21 (1995)
Issue (Month): 3 (Summer)
|Contact details of provider:|| Postal: |
Phone: (201) 684-7346
Web page: http://www.ramapo.edu/eea/journal.htmlEmail:
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:21:y:1995:i:3:p:295-307. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson, College of the Holy Cross)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.