Social Capital and Government in the Production of Public Goods

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1849

Title:	Social Capital and Government in the Production of Public Goods
Keywords:	Social Capital Productivity Growth Government Public goods
Description:	As a response to the rapidly growing empirical literature on social capital and the evidence of its correlation with government performance, we build a theoretical framework to study the interactions between social capital and government's action. This paper presents a model of homogeneous agents in an overlapping generations framework incorporating social capital as the values transmitted from parent to child. The government's role is to provide public goods. First, government expenditure is exogenously given. Then, it will be chosen at the preferred level of the representative agent. For both setups the equilibrium outcomes are characterized and the resulting dynamics studied. Briefly we include an analysis of the effect of productivity growth on the evolution of social capital. The results obtained caution caution against both the crowding out effect of the welfare state and the impact of sustained economic growth on social capital.
URI:	http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1849
Other Identifiers:	http://hdl.handle.net/10261/1849
Appears in Collections:	Digital Csic

Files in This Item:

There are no files associated with this item.

DSpace JSPUI