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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.

Suggested Citation

  • Angelo Antoci & Fabio Sabatini & Mauro Sodini, 2011. "Economic Growth, Technological Progress, and Social Capital: The Inverted U Hypothesis," EERI Research Paper Series EERI_RP_2011_07, Economics and Econometrics Research Institute (EERI), Brussels.
  • Handle: RePEc:eei:rpaper:eeri_rp_2011_07
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    References listed on IDEAS

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    9. Stefano Bartolini & Ennio Bilancini, 2011. "Social Participation and Hours Worked," Department of Economics University of Siena 620, Department of Economics, University of Siena.
    10. Antoci, Angelo & Bartolini, Stefano, 1999. "Negative externalities as the engine of growth in an evolutionary context," MPRA Paper 13908, University Library of Munich, Germany.
    11. Bilancini, Ennio & D'Alessandro, Simone, 2012. "Long-run welfare under externalities in consumption, leisure, and production: A case for happy degrowth vs. unhappy growth," Ecological Economics, Elsevier, vol. 84(C), pages 194-205.
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    15. Angelo Antoci & Pier Luigi Sacco & Paolo Vanin, 2001. "Economic Growth and Social Poverty: The Evolution of Social Participation," Bonn Econ Discussion Papers bgse13_2001, University of Bonn, Germany.
    16. Stefan Bauernschuster & Oliver Falck & Ludger Wößmann, 2011. "Surfing Alone? The Internet and Social Capital: Evidence from an Unforeseen Technological Mistake," SOEPpapers on Multidisciplinary Panel Data Research 392, DIW Berlin, The German Socio-Economic Panel (SOEP).
    17. Antoci, Angelo & Bartolini, Stefano, 2004. "Negative externalities, defensive expenditures and labour supply in an evolutionary context," Environment and Development Economics, Cambridge University Press, vol. 9(05), pages 591-612, October.
    18. Erik Ingen & Paul Dekker, 2011. "Dissolution of Associational Life? Testing the Individualization and Informalization Hypotheses on Leisure Activities in The Netherlands Between 1975 and 2005," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 100(2), pages 209-224, January.
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    20. Beugelsdijk, Sjoerd & van Schaik, Ton, 2005. "Social capital and growth in European regions: an empirical test," European Journal of Political Economy, Elsevier, vol. 21(2), pages 301-324, June.
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    Cited by:

    1. Antoci, Angelo & Guerrini, Luca & Sodini, Mauro & Zarri, Luca, 2014. "A two-sector model of economic growth with social capital accumulation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 53(C), pages 56-65.
    2. Fabio Sabatini & Francesco Sarracino, 2014. "E-participation: Social Capital and the Internet," Working Papers 2014.81, Fondazione Eni Enrico Mattei.
    3. 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 692, Department of Economics, University of Siena.
    4. Angelo Antoci & Mauro Sodini & Luca Zarri, 2014. "Relational consumption and nonlinear dynamics in an overlapping generations model," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 37(1), pages 137-158, April.
    5. Andriani, Luca & Sabatini, Fabio, 2015. "Trust and prosocial behaviour in a process of state capacity building: the case of the Palestinian territories," Journal of Institutional Economics, Cambridge University Press, vol. 11(04), pages 823-846, December.
    6. Antoci, Angelo & Sabatini, Fabio & Sarracino, Francesco, 2016. "Online Networks, Social Interaction and Segregation: An Evolutionary Approach," MPRA Paper 70122, University Library of Munich, Germany.
    7. Fabio Sabatini & Francesco Sarracino, 2015. "Keeping up with the e-Joneses: Do online social networks raise social comparisons?," Papers 1507.08863, arXiv.org.
    8. Angelo Antoci & Fabio Sabatini & Mauro Sodini, 2014. "Bowling alone but tweeting together: the evolution of human interaction in the social networking era," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(4), pages 1911-1927, July.
    9. repec:bla:metroe:v:68:y:2017:i:4:p:859-881 is not listed on IDEAS
    10. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2014. "Do cooperative enterprises create social trust?," Small Business Economics, Springer, vol. 42(3), pages 621-641, March.
    11. Fabio Sabatini & Francesco Sarracino & Eiji Yamamura, 2014. "Social norms on rent seeking and preferences for redistribution," Econometica Working Papers wp55, Econometica.
    12. Rotondi, Valentina & Stanca, Luca & Tomasuolo, Miriam, 2017. "Connecting alone: Smartphone use, quality of social interactions and well-being," Journal of Economic Psychology, Elsevier, vol. 63(C), pages 17-26.
    13. Angelo Antoci & Alexia Delfino & Fabio Paglieri & Fabio Sabatini, 2016. "The ecology of social interactions in online and offline environments," Papers 1601.07776, arXiv.org.
    14. Giacomo Degli Antoni & Fabio Sabatini, 2017. "Social cooperatives, social welfare associations and social networks," Review of Social Economy, Taylor & Francis Journals, vol. 75(2), pages 212-230, April.
    15. Sabatini, Fabio & Sarracino, Francesco, 2016. "Keeping up with the e-Joneses: Do Online Social Networks Raise Social Comparisons?," ET: Economic Theory 234936, Fondazione Eni Enrico Mattei (FEEM).
    16. Raffaella Coppier & Fabio Sabatini & Mauro Sodini, 2018. "Social capital, human capital and fertility," EERI Research Paper Series EERI RP 2018/04, Economics and Econometrics Research Institute (EERI), Brussels.
    17. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2012. "�Do cooperative enterprises create social trust?," Euricse Working Papers 1243, Euricse (European Research Institute on Cooperative and Social Enterprises).
    18. Sabatini, Fabio & Sarracino, Francesco, 2015. "Online social networks and trust," MPRA Paper 62506, University Library of Munich, Germany.
    19. Mikucka, Malgorzata & Sarracino, Francesco & Dubrow, Joshua K., 2017. "When Does Economic Growth Improve Life Satisfaction? Multilevel Analysis of the Roles of Social Trust and Income Inequality in 46 Countries, 1981–2012," World Development, Elsevier, vol. 93(C), pages 447-459.
    20. Mikucka, Malgorzata & Sarracino, Francesco, 2014. "Making economic growth and well-being compatible: the role of trust and income inequality," MPRA Paper 59695, University Library of Munich, Germany.
    21. Barış Alpaslan, 2017. "Are Human and Social Capital Linked? Evidence from India," Metroeconomica, Wiley Blackwell, vol. 68(4), pages 859-881, November.

    More about this item

    Keywords

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

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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