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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| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
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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| 100 | 1 | |a Sarracino, Francesco |4 auth | |
| 245 | 1 | 0 | |a Social capital, economic growth and well-being |
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| 520 | |a 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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