Economic Growth, Technological Progress, and Social Capital: The Inverted U Hypothesis

We set up a theoretical framework to analyze the possible role of economic growth and technological progress in the erosion of social capital. Under certain parameters, the relationship between technological 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.

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Year of publication:	2011
Authors:	Antoci, Angelo ; Sabatini, Fabio ; Sodini, Mauro
Publisher:	Brussels : Economics and Econometrics Research Institute (EERI)
Subject:	Economic growth \| social capital \| social norms \| technological progress

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Series:	EERI Research Paper Series ; 07/2011
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	866414878 [GVK] hdl:10419/142614 [Handle] RePEc:eei:rpaper:EERI_RP_2011_07 [RePEc]
Classification:	O33 - Technological Change: Choices and Consequences; Diffusion Processes ; Z13 - Social Norms and Social Capital
Source:	EconStor

Persistent link: https://www.econbiz.de/10011496155