An Endogenous Growth Model with Human and Social Capital Interactions
Tiago Sequeira and
Alexandra Lopes (alexandra.ferreira.lopes@iscte-iul.pt)
No ercwp0908, Working Papers Series 1 from ISCTE-IUL, Business Research Unit (BRU-IUL)
Abstract:
Social capital has recently been introduced in the economic literature as a growth factor. In this paper we study the interactions between social and human capital, and their contributions to economic growth in an endogenous growth model. In particular, we are interested in comparing the results from our theoretical framework with the empirical evidence already found by other authors. The model indicates a correlation between human and social capital throughout time, as suggested by the data. Further- more, an increasing in the relative importance of human capital when compared to social capital is always evident throughout the development process of the economy.
Keywords: Human Capital; Social Capital; Economic Growth. (search for similar items in EconPapers)
JEL-codes: O15 O41 O47 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2008-06-15
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Citations: View citations in EconPapers (6)
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Related works:
Journal Article: An Endogenous Growth Model with Human and Social Capital Interactions (2011)
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