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We set up a theoretical framework to analyse the role of economic growth and technological progress in the erosion of social capital. Under certain conditions on parameters, the relationship between technological progress and social capital can take the shape of an inverted U curve. Furthermore,...
Persistent link: https://www.econbiz.de/10014157209
This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time; Which is the relationship between social capital, technical progress and...
Persistent link: https://www.econbiz.de/10013160198
This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time? Which is the relationship between social capital, technical progress and...
Persistent link: https://www.econbiz.de/10008809690
Persistent link: https://www.econbiz.de/10003825696
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...
Persistent link: https://www.econbiz.de/10011524856
Persistent link: https://www.econbiz.de/10009776461
Persistent link: https://www.econbiz.de/10003356662
We analyse growth dynamics in an economy where the well-being of economic agents depends on three goods: leisure, a free access environmental good and a private good which can be produced by each agent through his own labour input. The private good can be consumed as a substitute for the...
Persistent link: https://www.econbiz.de/10010312441
This paper examines a simple North-South growth model where negative externalities may contribute to reinforce economic growth. Agents' welfare depends on three goods in the model: leisure, a common access renewable natural resource (one in each hemisphere) and a non-storable consumption good....
Persistent link: https://www.econbiz.de/10011335707
Persistent link: https://www.econbiz.de/10001598729