Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67438
Authors: 
Antoci, Angelo
Sacco, Pier Luigi
Vanin, Paolo
Year of Publication: 
2008
Citation: 
[Journal:] The Open Economics Journal [ISSN:] 1874-9194 [Publisher:] Bentham Open [Place:] Sharjah [Volume:] 1 [Year:] 2008 [Pages:] 1-13
Abstract: 
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.
Subjects: 
social capital
self-protection choices
social poverty traps
JEL: 
D62
I31
J22
O41
Z13
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Article
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