Economic Growth, Technological Progress, and Social Capital: The Inverted U Hypothesis

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.

MoreLess

Year of publication:	2011-04-07
Authors:	Antoci, Angelo ; Sabatini, Fabio ; Sodini, Mauro
Institutions:	Economics and Econometrics Research Institute (EERI)
Subject:	Economic growth \| social capital \| social norms \| technological progress

More details

Extent:	application/pdf
Series:	EERI Research Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number EERI_RP_2011_07
Classification:	O33 - Technological Change: Choices and Consequences; Diffusion Processes ; Z13 - Social Norms and Social Capital
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009002319