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Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis

  • Antoci, Angelo
  • Sabatini, Fabio
  • Sodini, Mauro

We set up a theoretical framework to analyze the possible role of economic growth and technical progress in the erosion of social capital. Under certain parameters, the relationship between technical 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://mpra.ub.uni-muenchen.de/30326/1/MPRA_paper_30326.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 30326.

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Date of creation: 15 Apr 2011
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Handle: RePEc:pra:mprapa:30326
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  1. Lisa Schur, 2003. "Employment and the Creation of an Active Citizenry," British Journal of Industrial Relations, London School of Economics, vol. 41(4), pages 751-771, December.
  2. Barry Wellman, 2001. "Physical Place and Cyberplace: The Rise of Personalized Networking," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 25(2), pages 227-252, 06.
  3. Antoci Angelo & Sabatini Fabio & Sodini Mauro, 2010. "The Solaria Syndrome: Social capital in a growing hypertechnological economy," wp.comunite 0062, Department of Communication, University of Teramo.
  4. Routledge, Bryan R. & von Amsberg, Joachim, 2003. "Social capital and growth," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 167-193, January.
  5. Antoci, Angelo & Sacco, Pier Luigi & Vanin, Paolo, 2007. "Social capital accumulation and the evolution of social participation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(1), pages 128-143, February.
  6. Corneo, Giacomo, 2001. "Work and Television," IZA Discussion Papers 376, Institute for the Study of Labor (IZA).
  7. 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.
  8. 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.
  9. Labonne, Julien & Chase, Robert S., 2010. "A road to trust," Journal of Economic Behavior & Organization, Elsevier, vol. 74(3), pages 253-261, June.
  10. Paldam, Martin & Svendsen, Gert Tinggaard, 2000. "An essay on social capital: looking for the fire behind the smoke," European Journal of Political Economy, Elsevier, vol. 16(2), pages 339-366, June.
  11. Luigino Bruni & Luca Stanca, 2005. "Watching alone: Relational Goods, Television and Happiness," Working Papers 90, University of Milano-Bicocca, Department of Economics, revised Jun 2005.
  12. Hirschman, Albert O, 1982. "Rival Interpretations of Market Society: Civilizing, Destructive, or Feeble?," Journal of Economic Literature, American Economic Association, vol. 20(4), pages 1463-84, December.
  13. Antoci, Angelo & Sacco, Pier Luigi & Vanin, Paolo, 2008. "Participation, growth and social poverty: social capital in a homogeneous society," MPRA Paper 13661, University Library of Munich, Germany.
  14. Akçomak, I. Semih & ter Weel, Bas, 2009. "Social capital, innovation and growth: Evidence from Europe," European Economic Review, Elsevier, vol. 53(5), pages 544-567, July.
  15. Knack, Stephen & Keefer, Philip, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1251-88, November.
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