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A note on social capital, space and growth in Europe

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  • Luciano Lavecchia

    (Bank of Italy)

Abstract

This note replicates the analysis of Tabellini (2010) on the relationship between social capital and regional economic growth in Europe, extending that work and the underlying dataset by focusing on the spatial dimension of social capital and introducing a definition of contiguity among European regions. We find a sizable and robust contribution of social capital to regional growth. We also estimate a Spatial autoregressive model with autoregressive disturbances (SARAR) and a Spatial Durbin Error model (SDEM). The results confirm the positive role of social capital, highlighting the importance of spatial spillovers, which warrants further discussion.

Suggested Citation

  • Luciano Lavecchia, 2015. "A note on social capital, space and growth in Europe," Temi di discussione (Economic working papers) 1017, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:wptemi:td_1017_15
    as

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    File URL: http://www.bancaditalia.it/pubblicazioni/temi-discussione/2015/2015-1017/en_tema_1017.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    social capital; space; growth; Europe; sarar; sdem;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913

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