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Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis

Angelo Antoci, Fabio Sabatini () and Mauro Sodini
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Fabio Sabatini: Associazione Italiana per la Cultura della Cooperazione e del Non Profit, Postal: Faculty of Economics Forlì – P.le della Vittoria 15 – 47121 Forlì – Tel. 0543.62327 – Fax 0543.374676, ecofo.aiccon@unibo.it, http://www.aiccon.it, http://www.aiccon.it

No 86-2011, AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit

Abstract: 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: Economic Growth; Technical Progress; Social Capital: Inverted Hypothesis (search for similar items in EconPapers)
Pages: 24 pages
Date: 2011-04-28
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Citations: View citations in EconPapers (3)

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