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Social Capital and Government in the Production of Public Goods

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dc.creator Estrella López, Olivia C.
dc.date 2007-11-05T14:47:01Z
dc.date 2007-11-05T14:47:01Z
dc.date 2003-06-04
dc.date.accessioned 2017-01-31T00:58:01Z
dc.date.available 2017-01-31T00:58:01Z
dc.identifier http://hdl.handle.net/10261/1849
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1849
dc.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.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 580.03
dc.rights openAccess
dc.subject Social Capital
dc.subject Productivity Growth
dc.subject Government
dc.subject Public goods
dc.title Social Capital and Government in the Production of Public Goods
dc.type Documento de trabajo


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