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Antoci, F., Sabatini, F., Sodini, M. (2011). Economic growth, technological progress and social capital: the inverted U hypothesis. Metroeconomica

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.

Authors

Antoci, Angelo

Angelo Antoci's articles from Ideas Antoci, Angelo & Galeotti, Marcello & Russu, Paolo, 2011. "Poverty trap and global indeterminacy in a growth model with open-access natural resources," Journal of Economic Theory, Elsevier, vol. 146(2), pages 569-591, March. [...

Sabatini, Fabio

I am Researcher in Economics at the Department of Economics and Law of Sapienza University of Rome, where I currently teach Public Economics as Aggregate Professor at the Faculty of Economics. I previously held posts at the Departments of Economics of the Universities of Trento, Siena, Padua, and...

Sodini, Mauro

Mauro Sodini is Assistant Professor in Mathematics at the Dipartimento di Statistica e Matematica Applicata all'economia of the University of Pisa. He is member of the Faculty of Economics. His recent working papers include: Gori, Luca & Sodini, Mauro, 2011. "Nonlinear dynamics...

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