Germs, Social Networks and Growth
|Abstract:||Does the pattern of social connections between individuals matter for macroeconomic outcomes? If so, how does this eﬀect operate and how big is it? Using network analysis tools, we explore how diﬀerent social structures aﬀect technology diﬀusion and thereby a country’s rate of technological progress. The network model also explains why societies with a high prevalence of contagious disease might evolve toward growth-inhibiting social institutions and how small initial diﬀerences can produce large divergence in incomes. Empirical work uses diﬀerences in the prevalence of diseases spread by human contact and the prevalence of other diseases as an instrument to identify an eﬀect of social structure on technology diﬀusion.|
|Rights:||Copyright Alessandra Fogli and Laura Veldkamp|
|Appears in Collections:||Economics Working Papers|
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|Veldkamp-Germs, Sept2012.pdf||Germs, Social Networks and Growth||3.43 MB||Adobe PDF||View/Open|
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