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We hypothesize, that power centralisation in a political system leads to more corruption due to the <p> monopoly power status of bureaucrats. Corruption again would then lead to a lower level of social capital, <p> here measured as trust, and slow down economic growth even further. Indeed, when...</p></p>
Persistent link: https://www.econbiz.de/10005652489
Social capital has not been measured in any general way yet as previous surveys have used their own ad hoc methodologies. This fact is due to the heterogeneity of the very definition of social capital. Therefore, consensus concerning measurement has not yet been reached. Based on ten existing...
Persistent link: https://www.econbiz.de/10005652493
In order to explain excess co-operation in the one-shot prisoner's dilemma game, we first question the standard assumption of stable and selfish preferences by introducing the concept of social capital. This analysis leads to a model that explains excess co-operation through an accumulation of...
Persistent link: https://www.econbiz.de/10005652439
The purpose of this paper is to suggest a standard method of measurement for social capital. Various authors have investigated the influence of social capital on economic growth but still social capital has not been measured in any satisfactory way. So far, each survey has used its own ad hoc...
Persistent link: https://www.econbiz.de/10005671686
The transition of the »Old Communist« countries of East and Central Europe has been disappointingly slow given the amount of physical and human capital available at the start of the <p> transition. We argue that this slowness is caused by the lack of social capital, which is an <p> important factor...</p></p>
Persistent link: https://www.econbiz.de/10005198098
The purpose of this paper is to suggest a standard method of measurement for social capital. Various <p> authors have investigated the influence of social capital on economic growth but still social capital has <p> not been measured in any satisfactory way. So far, each survey has used its own ad hoc...</p></p>
Persistent link: https://www.econbiz.de/10005652457
As people are spending more time online, it is important to evaluate the impact of Internet use on individual well-being. Internet use yields direct utility and economic returns (e.g. better job, higher productivity) that may increase life sa-tisfaction. But the Internet might also have...
Persistent link: https://www.econbiz.de/10009208410
In Eastern Africa, the experience of Machakos has been heavily debated between Malthusians and the more optimistic Boserupians. Machakos was the epitome of overpopulation and resource degradation in the 1950s, but has since thrived. The Boserupians view Machakos as an illustration of how...
Persistent link: https://www.econbiz.de/10010541859
What are the roots of social capital and how can it be measured and built? Social capital is considered as a new production factor which must be added to the conventional concepts of human and physical capital. Social capital is productive because it increases the level of trust in a society and...
Persistent link: https://www.econbiz.de/10005780992
The transistion of the "Old Communist" countries of East and Central Europe has been disappointingly slow given the amount of physical and human capital available at the start of the transition. We argue that this slowness is caused by the lack of social capital, which is an important factor of...
Persistent link: https://www.econbiz.de/10005641345