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Social Capital and Economic Growth

This section collects studies on the role of social capital in fostering economic activity, at the micro level, and on the relationship between social capital, economic growth, and development, at the macro level.

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Essential Readings

• Bénabou, R. (1996), Heterogeneity, Stratification and Growth: Macroeconomic Implications of Community Structure and School Finance, American Economic Review, 86 (1996) 584-609.

• Dasgupta, P. (2002), Social Capital and Economic Performance: Analytics, University of Cambridge and Beijer International Institute of Ecological Economics, Stockholm, mimeo.

• Francois, P. (2002), Social Capital and Economic Development, London, Routledge.

• Gradstein, M., Justman, M. (2002), Education, Social Cohesion and Economic Growth, The American Economic Review, 1 September 2002, vol. 92, no. 4, pp. 1192-1204(13). Click here for a full previous version.

• Guiso, L., Sapienza, P., Zingales, L. (2000), The Role Of Social Capital In Financial Development, The American Economic Review. Vol. 94, No. 3: 526-556.

• Routledge, B.R., von Amsberg, J. (2002), Social Capital and Growth, Journal of Monetary Economics. Vol. 50, Issue 1, 167-193.

• Svendsen, G.L.H, Svendsen, G.T. (2005), The Creation and Destruction of Social Capital. Entrepreneurship, Co-operative Movements and Institutions, Cheltenham, UK, Edward Elgar Publishing.

• Zak, P.J. e Knack, S. (2001), Trust and Growth, The Economic Journal 111: 295-331.

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Further Readings

• Annen, K (2001), Social capital, inclusive networks and economic performance, Journal of Economic Behavior and Organization, Vol. 50 (2003), 449-463.

• Antoci, A., Sacco, P.L., Vanin, P. (2002), On the Possible Conflict Between Economic Growth And Social Development.

• Antoci, A., Sacco, P.L., Vanin, P. (2001), Economic Growth and Social Poverty: The Evolution of Social Participation, Bonn, Graduate School of Economics, Discussion Paper n. 13.

• Bardhan, P., Bowles, S., Gintis, H. (1998), Wealth Inequality, Wealth Constraints and Economic Performance, in Atkinson, A., Bourguignon, F. (eds), Handbook on Income Distribution, North Holland.

• Bénabou, R. (1996), Inequality and Growth, NBER Macroeconomics Annual, 1996, edited by B. Bernanke and J. Rotemberg, 11-74.

• Beugelsdijk, S., Smulders, S. (2003), Bridging and bonding social capital: which type is good for economic development?, Paper presented at the Conference Social Capital and Economic Development, Tilburg University, March, 2003.

• Beugelsdijk, S., Smulders, S. (2004), Social Capital and Economic Growth, Tilburg University, Department of Economics, mimeo.

• Bezemer, D., Dulleck, U., Frijters, P. (2003), Contacts, Social Capital and Market Institutions - A Theory of Development, Vienna Economic Papers, N. 0311, University of Vienna, Department of Economics.

• Bezemer, D., Dulleck, U., Frijters, P. (2003), Social Capital, Creative Destruction and Economic Growth, Australian National University, Department of Economics, mimeo.

• Bjornskov, C., Svendsen, G.T. (2002), Why Does the Northern Light Shine so Brightly? Decentralisation, Social Capital and the Economy, Department of Economics, Aarhus School of Business.

• Carter, M.R. e Castillo, M. (2002), The economic impacts of altruism, trust and reciprocity: an experimental approach to social capital, University of Winsconsin-Madison, Department of Agricultural & Applied Economics, Staff Paper No. 448.

• Chillemi, O., Gui, B., Rocco, L. (2005), On the economic value of repeated interactions under adverse selection, "Marco Fanno" Working Paper No. 7, University of Padua, Department of Economics.

• Ferrary, M. (2003), Trust and social capital in the regulation of lending activities, Journal of Socio-Economics 31 (2003) 673–699.

• Francois, P., Zabojnik, J. (2003), Trust as Social Capital and the Process of Economic Development, Paper presented at the Conference Social Capital and Economic Development, Tilburg University, March, 2003.

• Gabre-Madhin, E.Z. (2003), Institutions, Contracts, and Market Exchange in Developing Economies, Markets, Trade, and Institutions Division, International Food Policy Research Institute, mimeo.

• Gidwani, V. (2002), New Theory or New Dogma? A Tale of Social Capital and Economic Development from Gujarat, India, Journal of Asian and African Studies, Volume 37, Number 2, 1 March 2002, pp. 83-112(30).

• Gittel, R., Vidal, A. (1998), Community Organizing: Building Social Capital As A Development Strategy, Newbury Park, California, Sage Publications.

• Gradstein, M. (2005), Democracy, Property Rights, Redistribution and Economic Growth, CEPR Discussion Paper No. 5130.

• Grafton, Q., Kompas, T., Owen, P.D. (2004), Productivity, Factor Accumulation and Social Networks: Theory and Evidence, Australian National University, Economics and Environment Newtork, mimeo.

• Grootaert, C. (1998), Social Capital: The Missing Link?, Social Capital Initiative Working Paper no. 3, Washington DC: the World Bank.

• Hazledine, T. (2000), Agency Theory meets Social Capital: The Failure of the 1984-91 New Zealand Economic Revolution, Paper presented at the 29th Australian Conference of Economists, Sydney.

• Heliwell, J.F. (1996), Economic Growth And Social Capital In Asia, NBER Working Paper No. 5470, National Bureau of Economic Research, Cambridge, Ma.

• Heliwell, J.F. (2001), The Contribution of Human and Social Capital to Sustained Economic Growth, in The Contribution of Human and Social Capital to Sustained Economic Growth and Well-Being, International Symposium Report edited by the OECD and HRDC.

• Henning, C.H.C.A. (2002), Social Capital and Exchange in Networks, Working Paper AP7, Chair of Agricultural Policy, University Kiel.

• Hjerppe, R. (2003), Social Capital and Economic Growth Revisited, VATT Discussion Paper, Government Institute for Economic Research, Helsinki.

• Isham, J., Kelly, T., Ramaswamy, S., Dirks, F.C. (eds) (2002), Social Capital and Economic Development: Well-Being in Developing Countries, Celtenham and Northampton, Edward Elgar Pub.

• Johnson, P.A., Temple, J. Social capability and economic growth, Quarterly Journal of Economics, August 1998, 113(3), 965-990.

• Kumar, K.B., Matsusaka, J.G. (2005), Village versus Market Social Capital: An Approach to Development, University of Southern California, Marshall School of Business, mimeo.

• Leonardi, R. (1995), Regional Development in Italy: Social Capital and the Mezzogiorno, Oxford Review of Economic Policy, Vol. 11, Issue 2, 165-179.

• Miguel, E. (2002), Comment on Social Capital and Growth by Routledge, B.R. and von Amsberg, J.

• Miguel, E., Gertler, P., Levine, D.I. (2004), Does Social Capital Promote Industrialization? Evidence from a Rapid Industrializer, University of California, Berkeley, mimeo.

• Mutti, A. (1998), Capitale sociale e sviluppo. La fiducia come risorsa, Bologna, Il Mulino.

• Narayan, D. (1999), Bonds And Bridges: Social Capital And Poverty, Policy Research Working Paper 2167, World Bank, Poverty Reduction and Economic Management Network, Washington, D.C.

• Nah Tiepoh, M.G., Reimer, B. (2004), Social capital, information flows, and
income creation in rural Canada: a cross-community analysis, Journal of Socio-Economics 33 (2004) 427–448.

• Piazza-Georgi, B. (2002), The Role of Human and Social Capital in Growth: Extending Our Understanding, Cambridge Journal of Economics 2002, 461-479.

• Prakash, S., Selle, P. (2004), Comparative Perspectives on Civil Society, Participation and Governance, London, Sage Publications.

• Rodrik, D. (1997), Where Did All the Growth Go? External Shocks, Social Conflict and Growth Collapses, NBER Working Paper No. 6350.

• Routledge, B., Von Ambsberg, J. (1997), Endogenous Social Capital, No 1997-48 in GSIA Working Papers from Carnegie Mellon University, Graduate School of Industrial Administration.

• Rydin, Y., Holman, N. (2004), Re-evaluating the contribution of social capital in achieving sustainable development, Local Environment, April 2004, Vol. 9, No. 2, pp. 117-133(17).

• Sabatini, Fabio (2005), The Role of Social Capital in Economic Development. Investigating the Causal Nexus through Structural Equations Models, University of Rome La Sapienza, Department of Public Economics, mimeo.

• Sabatini, Fabio (2006), Social capital, labour precariousness and the economic performance. An empirical assessment of the strength of weak ties in Italy, Third Sector and Civil Economy Working Paper Series, No. 26, January 2006, University of Bologna, Faculty of Economics.

• Sabatini, Fabio (2006), Does Social Capital Improve Labour Productivity in Small and Medium Enterprises?, Working Paper No. 92, University of Rome La Sapienza, Department of Public Economics.

• Sabatini, Fabio (2005), The Empirics of Social Capital and Economic Development: A Critical Perspective, University of Rome La Sapienza, Department of Public Economics, mimeo.

• Sabatini, Fabio (2005), Social Capital, Public Spending and the
Quality of Economic Development: the Case of Italy, University of Rome La Sapienza, Department of Public Economics, mimeo.
Paper accepted for presentation at the COE/JEPA (Center of Excellence / Japan Economic Policy Association) Joint International Conference, "Towards a New Economic Paradigm", Kobe, Japan, 17-18 December 2005.

• Sadrie, A., Verbon, H.A.A. (2002), Inequality, Trust and Growth, Tilburg University, Center for Economic Research Discussion Paper No. 82.

• Svendsen, G.L.H., Svendsen, G.T. (2003), On the Wealth of Nations: Bourdieuconomics and Social Capital, Theory and Society, 2003, vol. 32, no. 5-6, 607-631(25).

• Temple, J. (2001), Growth Effects of Education and Social Capital in the OECD Countries, OECD Economic Studies, No. 33, 2001/2, 57-101.

• Torsvik, G. (2000), Social Capital And Economic Development: A Plea For The Mechanism, Rationality and Society, Vol. 12(4), 451-476.

• Whiteley, P.F. (2000), Economic Growth and Social Capital, Political Studies, Vol. 48, 443- 466.

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