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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
The Fragility of Social Capital | |
Fabio Sabatini; Angelo Antoci; Mauro Sodini | |
发表日期 | 2009 |
出处 | Economy and Society |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time? Which is the relationship between social capital, technical progress and economic growth in the long run? The analysis shows that the economy may be attracted by alternative steady states, depending on the initial social capital endowments and cultural exogenous parameters representing the relevance of social interaction and trust in well-being and production. When material consumption and relational goods are substitutable, the choice to devote more and more time to private activities may lead the economy to a "social poverty trap", where the cooling of human relations causes a progressive destruction of the entire stock of social capital. In this case, the relationship of social capital with technical progress is described by an inverted U-shaped curve. However, the possibility exists for the economy to follow a virtuous trajectory where the stock of social capital endogenously and unboundedly grows. Such result may follow from a range of particular conditions, under which the economy behaves as if there was no substitutability between relational activities and material consumption. |
特色分类 | A13,D03,O43,Z13 |
关键词 | Economic Growth,Technical Progress,Social Interactions,Social Capital |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-fragility-of-social-capital/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117694 |
推荐引用方式 GB/T 7714 | Fabio Sabatini,Angelo Antoci,Mauro Sodini. The Fragility of Social Capital. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2009-016.pdf(917KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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