Social Capital, Economic Growth and Transition Economies
Gert Svendsen ()
Working Papers from Aarhus School of Business - Department of Economics
The notion of "social capital" was first introduced by the sociologist James Coleman in 1988. He defined it as "the ability of people to work togather for common purposes in groups and organizations". It is argued that a group with members that trust each other can accomplish more economic groth than a similar group without trust. In this way, Coleman has suggested that social capital is a new production factor which must be added to the conventional concepts of human and physical capital.
Keywords: SOCIAL CHOICE; INTEREST GROUPS; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: D70 D71 O47 (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fth:aascbu:98-2
Access Statistics for this paper
More papers in Working Papers from Aarhus School of Business - Department of Economics Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().