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Interrelationships between Social and human Capital, and Economic Growth

Soumyananda Dinda ()

MPRA Paper from University Library of Munich, Germany

Abstract: This study focuses on economic growth and explains the interaction mechanism of economic agents and their relations. This paper highlights human capital and its social aspects. It also shows some critical aspect in the process of economic growth through interaction of socio- economic factors, which are considered as investment for creation of human capital. This investment includes cost of time and effort, which actually build up social fabric and human knowledge and health capital, which in turn creates economic growth. Root of economic growth actually depends on human capital under social relations.

Keywords: Social Capital; Human Capital; Trust; Social structure; Norms; Regulation; Economic Growth; Social Capital Formation; Health Capital; Bonding Social Capital; Linking capital (search for similar items in EconPapers)
JEL-codes: H75 I15 I31 O11 O15 O41 Z13 Z18 (search for similar items in EconPapers)
Date: 2016, Revised 2017
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Published in "Social capital and economic growth," Chapter in Sherman Folland and Eric Nauenberg Edited book: Elgar Companion to Social Capital and Health, chapter 18, pages 276-300 Edward Elgar Publishing. (2018): pp. 276-300

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