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This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
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This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
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trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups …--Putnam's measure of social capital--is not associated with trust or with improved economic performance. We find trust and civic norms …
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We set up a theoretical framework to analyze the possible role of economic growth and technological progress in the erosion of social capital. Under certain parameters, the relationship between technological progress and social capital can take the shape of an inverted U curve. We show the...
Persistent link: https://www.econbiz.de/10011524856
In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
Persistent link: https://www.econbiz.de/10013502264
Trust among individuals of a society is an important dimension of social capital and may have different economic and … development implications. The present study is an attempt to investigate the relationship of trust with economic growth and human … development. It is unique in at least two different aspects. Firstly, it has used an index for quantifying trust which may be more …
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