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We study whether interactions between individuals with different skills, expertise and perspectives influenced innovation in U.S. counties from 1850 to 1940. We introduce and validate a new measure of social interactional diversity based on the distribution of surnames: lower surname diversity...
Persistent link: https://www.econbiz.de/10014345770
Does homeownership affect individual social capital and thereby influence local outcomes? Following DiPasquale and Glaeser, a body of literature suggests that homeownership is positively related to social capital formation. Homeowners have an incentive to engage in the local community in order...
Persistent link: https://www.econbiz.de/10013128279
in Spain using data from the World Values Survey and European Values Survey for the periods 1990, 1995 and 1999 …
Persistent link: https://www.econbiz.de/10014061986
This study examines the effects of managerial social capital on investment sensitivity to cash flow and Q. Using a … large cross-country sample of companies for the period 1999–2012 and a traditional investment-Q framework, we discover that … with investment sensitivity to Q. We further determine that social capital positively affects the sensitivity of external …
Persistent link: https://www.econbiz.de/10012918936
, especially when acquiring new stocks and investing abroad. We argue that social capital nurtures the investment preferences of … altruistic inclinations in the former and provides mechanisms to punish unsustainable investment behavior in the latter …
Persistent link: https://www.econbiz.de/10013403679
This study examines whether social capital is an element that has a significant relationship with Brazilian states’ economic performance in the period of 1996 to 2008. The issue is addressed by the ideas of Bourdieu (1980, 1986), Coleman (1988, 1990) and Putnam et al. (1993), considering that...
Persistent link: https://www.econbiz.de/10010858844
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
We examine the impact of natural disasters on economic growth by applying a synthetic control approach. In contrast to previous literature, we adopt a within-country perspective, which allows us to use richer and more comparable data and to better define the geographic area hit by the disaster....
Persistent link: https://www.econbiz.de/10011543882