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

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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Year of publication:	2011-04-28
Authors:	Antoci, Angelo ; Sabatini, Fabio ; Sodini, Mauro
Institutions:	Associazione Italiana per la Cultura della Cooperazione e del Non Profit - AICCON
Subject:	Economic Growth \| Technical Progress \| Social Capital: Inverted Hypothesis

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Extent:	application/pdf
Series:	AICCON Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series AICCON Working Papers Number 86-2011 24 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010991145