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논문 기본 정보

자료유형
학술저널
저자정보
저널정보
한국무역학회 무역학회지 貿易學會誌 第30卷 第5號
발행연도
2005.10
수록면
23 - 42 (20page)

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This paper shows that social capital contributes significantly to economic growth in economic integration region. Expanded economic area through economic integration causes increase of social capital which positively affects on total factor productivity. It explains one of dynamic effect of economic integration. The relationship between social capital and economic growth is represented by a version of Romer's R&D model. The main difference between the model with social capital in this paper and the traditional Romer-model is that, depending on whether there is a positive or negative correlation between physical capital and social capital, the accumulation of aggregate capital leads to endless economic growth or a stationary growth in the long term.
The result of empirical study indicates that there is a positive relationship between social capital (social networks) and economic growth. It supplies an evidence for the hypothesis, i.e. increased social capital through economic integration effects positively on economic growth. Because of data quality, it is difficult to say that there is a positive relationship between social capital (trust or confidence in institutions) and economic growth. However, at least the result of previous studies that stronger effect of trust on growth in poor than in rich countries is full of suggestions for low-income countries in economic integration regions.

목차

Ⅰ. 서론
Ⅱ. 경제통합지역의 사회자본을 고려한 경제성장모델
Ⅲ. 실증분석
Ⅳ. 결론
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ABSTRACT

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