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Antoci, A., Sabatini, F., Sodini, M. (2011). The Solaria Syndrome: Social Capital in a Hypertechnological Growing Economy. Journal of Economic Behavior and Organization. In press.

We develop a dynamic model to analyze the sources and the evolution of social participation and social capital in a growing economy characterized by exogenous technical progress. We start from the assumption that the well-being of agents basically depends on material and relational goods. Material goods can replace relational ones for the satisfaction of social needs, or, at least, for compensating the deprivation of human interactions. We point out the role of technical progress and the substitutability/complementarity between the two kinds of good in social interaction and the accumulation of social capital. We find that, in best case scenarios, technology may play a crucial role in supporting a “socially sustainable” economic growth.


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 Associate Professor of Economics at the Department of Economics and Law of Sapienza University of Rome, where I currently teach Economics and Policy of Networks, Applied Economics and Public Economics. I collaborate with the Laboratory for Comparative Social Research of the Higher School of...

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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