Capitale sociale e sviluppo economico

Margherita Scarlato

No 14, Departmental Working Papers of Economics - University 'Roma Tre' from Department of Economics - University Roma Tre

Abstract: This work provides some evidence for the italian regions that social capital, under a broad definition, can have a positive impact on development outcomes. Our empirical analysis includes measures of social capital related to the enforcement of formal norms, the extent of social networks, the provision of local public goods. We show that in the less developed regions of Italy, the so-colled Mezzogiorno, the level of social capital is lower compared to the advanced regions and, at the same time, the productive activities born a smaller share of the cost due to the social capital deficit. This result leads to a “wrong” incentive towards the underinvestment in social capital and locks the Southern regions in a trap at a low level of both economic development and social capital development. Absent suitable shocks or policy interventions, this outcome is self-reinforcing.

Keywords: social capital; regional gaps; social accounting matrix (search for similar items in EconPapers)
JEL-codes: R1 Z13 (search for similar items in EconPapers)
Date: 2000-12
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Persistent link: https://EconPapers.repec.org/RePEc:rtr:wpaper:0014

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