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

Angelo Antoci, Fabio Sabatini () and Mauro Sodini ()

No EERI_RP_2011_07, EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: 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.

Keywords: Economic growth; social capital; social norms; technological progress. (search for similar items in EconPapers)
JEL-codes: O33 Z13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo, nep-fdg and nep-soc
Date: 2011-04-07
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Journal Article: Economic Growth, Technological Progress and Social Capital: The Inverted U Hypothesis (2013) Downloads
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