scholarly journals SOCIAL CAPITAL, TRUST, AND MULTIPLE EQUILIBRIA IN ECONOMIC PERFORMANCE

2012 ◽  
Vol 18 (2) ◽  
pp. 282-315 ◽  
Author(s):  
Katarzyna Growiec ◽  
Jakub Growiec
Keyword(s):  
Social Capital ◽  
Economic Performance ◽  
Multiple Equilibria ◽  
Social Trust ◽  
Contemporary Literature ◽  
Well Being ◽  
Subjective Well Being ◽  
Bridging Social Capital ◽  
Wide Range ◽  
High Equilibrium

We propose a novel mechanism giving rise to poverty traps and multiple equilibria in economic performance. It is a potentially important source of persistent underdevelopment across countries and regions. At the core of this mechanism, bridging social capital and social trust feed back on each other, interdependently affecting individuals' earnings and subjective well-being. High trust and abundant bridging social capital reinforce each other, leading to a “high” equilibrium where both these variables take persistently high values, and earnings and well-being are high as well, whereas low trust and lack of bridging social capital create a vicious circle, leading to a “low trust trap” where all these variables are persistently low. The workings of our theoretical model are in agreement with a wide range of findings from the contemporary literature in sociology and social psychology.

scholarly journals Social Capital, Well-Being and Municipality: Salaspils Municipality (Latvia) Case

2016 ◽  
Vol 13 (1) ◽  
pp. 65-75
Author(s):  
Inga Jēkabsone ◽  
Biruta Sloka
Keyword(s):  
Social Capital ◽  
Local Level ◽  
Well Being ◽  
Theoretical Background ◽  
Subjective Well Being ◽  
Group Discussions ◽  
Political Sciences ◽  
Participatory Techniques ◽  
The Social ◽  
Wide Range

Abstract During the last three decades, social capital has gained prominence throughout the social sciences. The concepts has been analysed in various manners (from perspectives of economics, political sciences, sociology, anthropology etc.) providing wide range of theoretical conceptualizations. The aim of paper is to analyse the relation of social capital and possibility to improve the well-being of the municipality’s citizens using co-responsibility approach. In order to achieve the aim, the tasks are formulated as follows: 1) to review theoretical background for concept of social capital and subjective well-being, 2) to analyse the factors of social capital at local level, and 3) to use the results of conducted empirical research at Salaspils municipality in analysing the correlation of level of social capital and possibility to improve well-being implementing inclusive local management. Research methods used: Scientific literature studies, several stages of focus group discussions, statistical data analysis, SPIRAL methodology, scenario method. The main findings of the paper - there are evidences on relation of social capital and possibility to improve the well-being of the municipality’s citizens. In municipalities with sufficient level of social capital are good opportunities to use participatory techniques for achieving higher level of overall well-being. The paper consists of practical value how to mobilise the social capital of the municipality in order to ensure the inclusive management of the territory.

scholarly journals The Influence of Income and Social Capital on the Subjective Well-Being of Elderly Chinese People, Based on a Panel Survey

2020 ◽  
Vol 12 (11) ◽  
pp. 4786 ◽  
Author(s):  
Junhong Zhu ◽  
Changyong Liang ◽  
Jeffery Lucas ◽  
Wenjuan Cheng ◽  
Zhaoyang Zhao
Keyword(s):  
Social Capital ◽  
Rural Areas ◽  
Social Trust ◽  
Relative Income ◽  
Well Being ◽  
Negative Influence ◽  
Rural Elderly ◽  
Least Square ◽  
Chinese Government ◽  
Subjective Well Being

China has undergone many economic changes in the past four decades, and has seen an imbalance in economic development between rural and urban regions. Meanwhile, it also has an aging population. Using panel data on 3590 elderly residents aged between 60 and 95 in 28 provinces in China in 2015, this study explored older adults’ subjective well-being in terms of income, relative income, and social capital. The ordinary least square (OLS) regression results showed that the effect of actual income on subjective well-being was weak, and relative income and social capital had a significant effect on the happiness of urban and rural residents; however, there were substantial differences between urban and rural areas associated with economic inequality, social context, social security, and demographic characteristics. Expanding income inequality is contributing to decreased happiness of the rural elderly, while higher social trust and social interaction mitigate this negative influence. This paper also verified that relative income has a mediating or moderating effect on income and the subjective well-being of urban and rural elderly people. The evidence indicates that the Chinese government should pay more attention to reducing the income gap between and within urban and rural groups, and take advantage of social capital to improve the subjective well-being of the elderly population.

Examination of the Moderating Role of Household Income in the Association Between Cognitive Social Capital and Subjective Well-Being Among Rural Older Adults in Northeast China

2021 ◽  
pp. 016402752110290
Author(s):  
Jingyue Zhang ◽  
Yipeng Tian ◽  
Nan Lu
Keyword(s):  
Older Adults ◽  
Social Capital ◽  
Rural Community ◽  
Household Income ◽  
Social Trust ◽  
Well Being ◽  
Community Dwelling ◽  
Subjective Well Being ◽  
Cognitive Social Capital ◽  
The Relationship

The present study explored the moderating effects of household income on the relationship between cognitive social capital and subjective well-being in rural community-dwelling older adults in China. The data were derived from a rural community survey conducted in Liaoyuan City in China’s Jilin Province in 2019. The analytic model featured 458 respondents who completed the survey. We used multiple group analyses to test the hypotheses. A latent construct of cognitive social capital was built using social trust and reciprocity indicators. The results showed that household income had a significant moderating effect on the association between cognitive social capital and life satisfaction, but not on the relationship between cognitive social capital and depressive symptoms. Thus, household income and cognitive social capital should be used to assess subjective well-being in older populations. Older adults with low household income deserve particular attention in the design of future social capital policies and programs.

scholarly journals Social Capital and Subjective Well-Being in Malaysia

2020 ◽  
Vol 5 (6) ◽  
pp. 1-10
Author(s):  
Norafisha Kamarudin ◽  
Siew Hwa Yen ◽  
Kok Fong See
Keyword(s):  
Social Capital ◽  
Life Satisfaction ◽  
Positive Relationship ◽  
Well Being ◽  
Subjective Well Being ◽  
Probit Regression ◽  
World Value Survey ◽  
Bridging Social Capital ◽  
Linking Social Capital ◽  
Using Data

The objective of this paper is to examine the relationship between different forms of social capital and subjective well-being in Malaysia. Subjective well-being is observed based on two aspects: happiness and life satisfaction. The analysis using data from the World Value Survey with 1300 respondents. Based on the ordered probit regression analysis, it is found that bonding and linking social capital contribute to happiness. Happiness also increases for those who are more active in associations. However, bridging social capital based on trust of people from other religion and ethnic group as well as people whom an individual does not know have adverse contribution to happiness. Only linking social capital has a positive relationship with life satisfaction. In terms of religiosity, importance of God seems to have positive relationship with both happiness and life satisfaction. Other factors such as health status, income, marital status and education also have the influence on Malaysians’ happiness and life satisfaction levels.

scholarly journals Influence of Rural Social Capital and Production Mode on the Subjective Well-Being of Farmers and Herdsmen: Empirical Discovery on Farmers and Herdsmen in Inner Mongolia

2022 ◽  
Vol 19 (2) ◽  
pp. 695
Author(s):  
Wenlong Li ◽  
Suocheng Dong ◽  
Haiying Lin ◽  
Yu Li ◽  
Zehong Li ◽  
...  
Keyword(s):  
Social Capital ◽  
Sustainable Development ◽  
Rural Areas ◽  
Social Trust ◽  
Well Being ◽  
Subjective Well Being ◽  
Individual Social Capital ◽  
Production Models ◽  
Rural Revitalization ◽  
The Individual

Rural areas are crucial to the realization of sustainable development goals (SDGs). Rural social capital is indispensable for these areas to fulfil the SDGs. As China pursues rural revitalization, it is essential to achieve the sustainable development of rural areas within the agropastoral transition zone (APTZ) in northern China. The same applies to the SDGs’ realization in other APTZs across the globe. From the micro perspective of individual farmers and herdsmen, this article collected 732 microscopic datapoints through repeated rural surveys, and adopted the multivariate ordered probit model to empirically analyze how the subjective well-being of farmers and herdsmen in northern China’s APTZ was affected by the individual (person) and collective (community) layers of rural social capital. Specifically, the production mode was introduced to study the relationship between social capital and subjective well-being, and social capital was measured by a self-designed theoretical analysis framework, which covered six dimensions and two layers (person and community). It was verified that the individual social capital and collective social capital were mutually replaceable in terms of the effect on the subjective well-being of farmers and herdsmen. Additionally, this article examined the influence of different production modes on the social capital and subjective well-being of farmers and herdsmen, and discussed how the same amount of social capital contributes differently to the subjective well-being of farmers and herdsmen under different production models. The results showed that: (1) Social capital significantly promoted the subjective well-being of farmers and herdsmen, and social network was the leading contributor among the dimensions of individual social capital, while social trust was the leading contributor among the dimensions of collective social capital. By the contribution to the subjective well-being of farmers and herdsmen, the six dimensions of social capital can be ranked as social network > social trust > social participation > social standard > social fame > common vision. (2) Individual social capital and collective social capital were mutually replaceable in terms of enhancing the subjective well-being of farmers and herdsmen; when the individual social capital was insufficient, the collective social capital would exert a much greater influence on the subjective well-being of farmers and herdsmen; when the individual social capital grows, the farmers and herdsmen would depend less on collective social capital. (3) The same amount of social capital contributes differently to the subjective well-being of farmers and herdsmen under different production models; by contribution strength, the production models can be ranked as pure herdsmen (PH) > pure farmers (PF) > non-farmers/herdsmen (NFH) > farmers + herdsmen (FH). Finally, several policy suggestions were provided to improve the subjective well-being of farmers and herdsmen in APTZ. The results show that collective social capital eliminates the negative effect of individual social capital shortage on the subjective well-being of farmers and herdsmen. Thus, it is suggested to consider not only the construction of macroscopic hardware environment, but also to roll out policies and measures to improve the subjective well-being from the micro perspective of farmers and herdsmen. These suggestions are concentrated on the implementation of China’s rural revitalization strategy, and the creation of relevant institutions and cultural environments, as well as the optimization of the internal hierarchy of farmers and herdsmen’s social capital. The research results may help to promote the subjective well-being of farmers and herdsmen in rural areas within the APTZs of China and the world, and provide a reference and a path to realize SDGs in China and similar places across the globe.

scholarly journals Social Capital as a Resource of Subjective Well-Being: Mediating Role of Health Status

2020 ◽  
Vol 16 ◽  
Author(s):  
Muhammad Danish ◽  
◽  
Hafeez Khan
Keyword(s):  
Social Capital ◽  
Social Networks ◽  
Life Satisfaction ◽  
Health Status ◽  
Structural Equation ◽  
Social Trust ◽  
Well Being ◽  
Subjective Well Being ◽  
Reported Health

Increase in social capital increases the social support in society, thus improves the health and well-being of an individual. This paper aims to analyze the role of social capital on subjective well-being (happiness, life satisfaction, and worth of life) and self-reported health status. The study deploys the Generalized Structural Equation Model with order logit to link social capital with health and subjective well-being (SWB) of people by utilizing the data of 1566 households and individuals in Punjab, Pakistan. Results of the study illustrate that social trust and the number of friends are strong predictors of self-reported health (SRH) status and subjective well-being of people. While memberships with organizations or alike is a weak predictor of SRH, it significantly affects the happiness of people. Our results also depict that SRH is the strong mediator between social capital and SWB; improved social networks lower the risk of poor health status, which improves the level of happiness and life satisfaction. The study suggests that a balanced distribution of different kinds of social networks is important for the self-reported health and subjective wellbeing of people in Pakistan.

scholarly journals The Bridging Activity of Multiracial Congregations

Religions ◽  
2019 ◽  
Vol 10 (3) ◽  
pp. 204
Author(s):  
Edward Polson ◽  
Rachel Gillespie
Keyword(s):  
Social Capital ◽  
Ethnic Diversity ◽  
Social Trust ◽  
Ethnic Composition ◽  
Religious Congregations ◽  
Bridging Social Capital ◽  
Service Programs ◽  
Multiracial Congregations ◽  
The Relationship ◽  
Racial Ethnic

The growing diversity of U.S. communities has led scholars to explore how racial/ethnic diversity effects social capital, civic engagement, and social trust. Less is known about the relationship between diversity and the work of community-based organizations (CBOs). In this study, we examine how the racial/ethnic composition of one ubiquitous type of CBO, religious congregations, is related to measures of organizational bridging social capital. Analyzing data collected through a census of congregations in one Midwestern county, we explore the relationship between racial/ethnic diversity and the bridging activity of religious congregations. We find that multiracial congregations are more likely to be involved with externally focused service programs, tend to support a larger number of programs, and report more interorganizational collaborators than other congregations. Our findings suggest that multiracial congregations can provide a valuable resource for increasingly diverse communities and civil society.

scholarly journals Social trust and emotional health in rural older adults in China: The mediating and moderating role of subjective well-being and subjective social status

2020 ◽  
Author(s):  
Hongsheng Chen ◽  
Zhenjun Zhu
Keyword(s):  
Social Status ◽  
Social Trust ◽  
Emotional Health ◽  
Family Members ◽  
Well Being ◽  
The Elderly ◽  
Subjective Social Status ◽  
Rural Elderly ◽  
Subjective Well Being ◽  
The Impact

Abstract BackgroundChina is becoming an aging society. The emotional health of the elderly is gaining importance. Social trust is an important factor affecting emotional health, but existing studies have rarely considered the various effects of different types of social trust on rural elderly emotional health. Few studies have analysed the role of subjective well-being and subjective social status in the relationship between social trust and elderly emotional health.MethodsUsing the data of the China Labor-force Dynamics Survey 2016 (CLDS 2016) and regression models, this study selected 2084 rural respondents aged 60 years and above to analyse the impact of social trust on their emotional health. Social trust was divided into three categories: trust in family members, trust in friends, and trust in neighbours. This study also examined the mediating and moderating effects of subjective well-being and subjective social status on the relationship between social trust and emotional health.ResultsTrust in family members was significantly and positively associated with emotional health (coefficient=0.194, P<0.01) and subjective well-being (coefficient=0.177, P<0.01). Trust in friends was significantly and positively associated with emotional health and subjective well-being (coefficient=0.097, P<0.01; coefficient=0.174, P<0.01, respectively). Trust in neighbours was significantly and positively associated with emotional health and subjective well-being (coefficient=0.088, P<0.01; coefficient=0.177, P<0.01; respectively). Subjective well-being effectively reduced the impact of social trust in family, friends, and neighbours on the emotional health of the elderly by 0.023, 0.022, and 0.023, respectively. Trust in friends and neighbours significantly and positively affected respondents’ subjective social status (coefficient=0.120, P<0.05; coefficient=0.090, P<0.10; respectively). Subjective social status effectively reduced the impact of social trust in friends and neighbours on the emotional health of the elderly both by 0.004. The positive relationship between trust in family members and emotional health is weakened by subjective well-being.ConclusionsSocial trust, especially family relationships, play an important role in maintaining the emotional health of the rural elderly. In response to population ageing, more social policies must be introduced to care for the rural elderly and help them lead a happy and satisfactory life.

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