Showing 1 - 10 of 180,213
Social capital is a broad term containing the social networks and norms that generate shared understandings, trust and reciprocity, which underpin cooperation and collective action for mutual benefits, and creates the base for economic prosperity. This study deals with the formation of social...
Persistent link: https://www.econbiz.de/10013074600
inproductivity. Indeed, between 1960 and 1980 productivity gains increased output perworker by nearly 1% per year. Since 1980 …, productivity losses have reduced output perworker at about the same rate. The time series analysis suggests that the implosion … and productivity. This explanation is supportedby cross-country evidence that shows that Colombia´s underperformance …
Persistent link: https://www.econbiz.de/10009404515
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
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
Social capital according to OECD definition is networks together with shared norms, values and understandings that facilitate co-operation within or among groups. Currently, social capital is identified as a one of the key factors of economic development. Most of the existing literature focuses...
Persistent link: https://www.econbiz.de/10011875820
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...
Persistent link: https://www.econbiz.de/10014023761
Economists increasingly pay attention to social capital as an important determinant of macroeconomic growth performance. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal paper, Knack and Keefer (1997) assess the effect of...
Persistent link: https://www.econbiz.de/10011326961
This research is an attempt to assess the impact of trust, helpfulness, and fairness on economic growth in Europe. The first part of the paper highlights the concept of social capital and the related concept of trust, while the second part gives an overview of selected research hitherto...
Persistent link: https://www.econbiz.de/10013407469
It is well established in the literature that foreign affiliates are subject to a series of governance and assimilation costs that deteriorate their performance. This is particularly relevant for firms which have been recently acquired by foreign investors. We employ the variation in civic...
Persistent link: https://www.econbiz.de/10011737074
In this chapter, Quentin Grafton, Stephen Knowles and Dorian Owen examine the implications for productivity arising … barriers to communication among groups, inhibiting the diffusion of knowledge and lowering the level of productivity in the …
Persistent link: https://www.econbiz.de/10005650211