Social capital, economic growth and well-being
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...
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| Main Author: | |
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| Format: | Electronic Book Chapter |
| Language: | English |
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Firenze
Firenze University Press
2012
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| Series: | Premio Ricerca «Città di Firenze»
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| Subjects: | |
| Online Access: | DOAB: download the publication DOAB: description of the publication |
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| Summary: | 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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| Physical Description: | 1 electronic resource (166 p.) |
| ISBN: | 978-88-6655-277-2 9788866552772 9788892735750 |
| Access: | Open Access |