Social capital as a network measure provides new insights on economic growth.

ABSTRACT: Unveiling the main drivers of economic growth is of paramount importance. Previous research recognizes the critical role played by the factors of production: capital and labor. However, the exact mechanisms that underpin Total Factor Productivity (TFP) are not fully understood. An increasing number of studies suggests that the creation and transmission of knowledge, factor supply and economic integration are indeed crucial. Yet, the need for a systematic and unifying framework still exists. Nowadays capital and labor are embedded into a complex network structure through global supply chains and international migration. Recent research has established a link between network centralities and different types of social capital. In this work we employ the OECD's Multi-Regional Input-Output and

SUBMITTER: Oliver Huidobro J 

PROVIDER: S-EPMC9417001 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature