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Participation, growth and social poverty: social capital in a homogeneous society

Antoci, Angelo and Sacco, Pier Luigi and Vanin, Paolo (2008) Participation, growth and social poverty: social capital in a homogeneous society. The Open Economics Journal, Vol. 1 , p. 1-13. eISSN 1874-9194 . Article.

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We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to social activities. Under-investment in social capital may lead a growing economy to fall into a social poverty trap. We argue that this risk is particularly relevant for advanced societies.

Item Type:Article
ID Code:4837
Uncontrolled Keywords:Social capital, self-protection choices, social poverty traps
Subjects:Area 13 - Scienze economiche e statistiche > SECS-S/06 Metodi matematici dell'economia e delle scienze attuariali e finanziarie
Divisions:001 Università di Sassari > 01 Dipartimenti > Economia, impresa, regolamentazione
Publisher:Bentham Science
Deposited On:15 Nov 2010 14:39

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