Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis
Fabio Sabatini () and
Mauro Sodini ()
MPRA Paper from University Library of Munich, Germany
We set up a theoretical framework to analyze the possible role of economic growth and technical progress in the erosion of social capital. Under certain parameters, the relationship between technical 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: Social capital; technological progress; economic growth, social interactions (search for similar items in EconPapers)
JEL-codes: O11 J22 O33 Z13 O12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dge, nep-evo, nep-fdg and nep-soc
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https://mpra.ub.uni-muenchen.de/30326/1/MPRA_paper_30326.pdf original version (application/pdf)
Working Paper: Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:30326
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