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The Solaria syndrome: social capital in a growing hyper-technological economy

Antoci, Angelo and Sabatini, Fabio and Sodini, Mauro (2012) The Solaria syndrome: social capital in a growing hyper-technological economy. Journal of Economic Behavior and Organization, Vol. 81 (3), p. 802-814. eISSN 1879-1751. Article.

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DOI: 10.1016/j.jebo.2010.12.018

Abstract

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.

Item Type:Article
ID Code:5732
Status:Published
Refereed:Yes
Uncontrolled Keywords:Technology, economic growth, relational goods, social participation, social capital, social networks
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-a Nuovi Dipartimenti dal 2012 > Scienze economiche e aziendali
Publisher:Elsevier Science
eISSN:1879-1751
Deposited On:26 May 2011 12:31

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