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The Long and Winding Road: Social Capital and Commuting

Author

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  • Poulsen, Odile

    () (Department of Economics, Aarhus School of Business)

  • Svendsen, Gert Tinggaard

    () (Aarhus University, Department of Public Policy)

Abstract

We develop a two-sector model to analyze which kind of social organization generates trust. Social capital is de…ned as trust. We examine two communities: the bedroom community in which people commute long distance to work and the virility community in which people do not commute to work. The hypothesis is that people do not have time to interact spontaneously out- side work in the bedroom community. We show that in the bedroom community social capital cannot accumulate. Hence our results show that time spent in- teracting with your neighbor must be added as an important production factor when considering the formation of social capital in society. Thus, in a commu- nity where agents only interact when producing output, social capital may not accumulate To our knowledge, no such attempt to model social capital has yet been undertaken and this gap or ‘missing link’in economic debates has to be developed to grasp a more holistic understanding of the big di¤erences in the wealth of nations or regions

Suggested Citation

  • Poulsen, Odile & Svendsen, Gert Tinggaard, 2005. "The Long and Winding Road: Social Capital and Commuting," Working Papers 05-6, University of Aarhus, Aarhus School of Business, Department of Economics.
  • Handle: RePEc:hhs:aareco:2005_006
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    File URL: http://www.hha.dk/nat/wper/05-6_odpgts.pdf
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    References listed on IDEAS

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    1. Drugeon, Jean-Pierre & Venditti, Alain, 2001. "Intersectoral external effects, multiplicities & indeterminacies," Journal of Economic Dynamics and Control, Elsevier, vol. 25(5), pages 765-787, May.
    2. Aditya Goenka & Odile Poulsen, 2005. "Indeterminacy and labor augmenting externalities," Journal of Economics, Springer, vol. 86(1), pages 143-166, December.
    3. H. Uzawa, 1961. "Neutral Inventions and the Stability of Growth Equilibrium," Review of Economic Studies, Oxford University Press, vol. 28(2), pages 117-124.
    4. Anders Poulsen & Gert Svendsen, 2005. "Social Capital and Endogenous Preferences," Public Choice, Springer, vol. 123(1), pages 171-196, April.
    5. Nishimura, Kazuo, 1985. "Competitive equilibrium cycles," Journal of Economic Theory, Elsevier, vol. 35(2), pages 284-306, August.
    6. Jean-Pierre Drugeon & Odile Poulsen & Alain Venditti, 2003. "On Intersectoral allocations, factors substitutability and multiple long-run growth paths," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 21(1), pages 175-183, January.
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    1. repec:spr:soinre:v:132:y:2017:i:3:d:10.1007_s11205-016-1325-2 is not listed on IDEAS

    More about this item

    Keywords

    Social capital; Two-Sector Model; Indeterminacy;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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