Social Capital Economic Growth and Well Being 1st Edition by Francesco Sarracino 9788866552772

Social Capital Economic Growth and Well Being 1st Edition Francesco Sarracino – Ebook PDF Instant Download/Delivery ISBN(s): 9788866552772

Product details:

• ISBN 13: 9788866552772
• Author: Francesco Sarracino

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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