Social Capital, Institutions and Growth: Further Lessons from the Italian Regional Divide
|Title||Social Capital, Institutions and Growth: Further Lessons from the Italian Regional Divide|
|Publication Type||Working Paper|
|Year of Publication||2011|
|Authors||L. Mauro, F. Pigliaru|
|Keywords||convergence, decentralization, growth, social capital|
Since Putnam's work on social capital, the Italian regional case has been a very rich source of both data and theories about the origins of large and persistent differences in local stocks of social capital, and about the impact of such differences on economic performances. The Italian case is widely interpreted as supporting the idea that persistent regional divides are largely explained by local differences in social capital. In this paper we maintain that this interpretation fails to recognize that the current large regional gap in Italy is significantly linked to two policy decisions taken by the central State at the beginning of the 1970s.