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Social capital, economic growth and well-being
Francesco Sarracino
2012
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In the long run economic growth does not improve people's well-being. Traditional theories – adaptation and social comparisons – explain this evidence, but they don't explain what shapes the trend of subjective well-being and its differences across countries. Recent research identified in social capital a plausible candidate to explain the trends of well-being. This dissertation adopts various econometric techniques to explore the relationship over time among social capital, economic growth and subjective well-being. The main conclusion is that social capital is a good predictor of the trend of subjective well-being, both within and across countries. Hence, policies for well-being should aim at preserving and enhancing social capital for the quality of the social environment matters.
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Keywords
- Education
- Society & Social Sciences
- Teaching of specific groups & persons with special educational needs
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DOI: 10.36253/978-88-6655-277-2Editions