Antoci, Angelo; Sacco, Pier Luigi; Vanin, Paolo - In: The open economics journal 1 (2008), pp. 1-13
We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human … capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it … is mainly accumulated by means of participation to social activities. Under-investment in social capital may lead a …