scholarly journals The empirics of social capital and economic development: A critical perspective

2007 ◽  
pp. 92-110
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Critical Perspective

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

scholarly journals Social Capital in Energy Enterprises: Poland’s Case

Energies ◽  
2022 ◽  
Vol 15 (2) ◽  
pp. 546
Author(s):  
Elżbieta Jędrych ◽  
Dariusz Klimek ◽  
Agnieszka Rzepka
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Energy Industry ◽  
Basic Question ◽  
Relational Capital ◽  
Economic Success ◽  
Professional Groups ◽  
Industrial Companies ◽  
Structural Capital ◽  
Energy Companies

Social capital is currently perceived as one of the basic factors of economic development and economic success of enterprises. However, while there is already much research on social capital in enterprises, there has been little such research in the energy industry. The aim of the publication is to fill the gap in this regard. The basic question that the authors try to answer is whether there is a higher level of capital in energy companies compared to other industries, and if so, what the reasons are for this. Apart from answering this question, the authors present their own method of measuring the level of this capital. The first part of the article presents the results of a study on the level of social capital in Polish energy companies, whereas the second part compares the levels of social capital in energy companies and industrial companies in other sectors. According to the study, energy companies generally have higher levels of social capital than companies in other industries. It has been found, however, that individual forms of capital that comprise social capital differ. The most significant differences were observed in relational capital, followed by cognitive capital at a lower value and structural capital at the lowest. The survey also revealed that there is a difference in social capital levels among the researched professional groups: management, administration, and production.

scholarly journals Social Capital and Economic Development: A Neighborhood Perspective

2017 ◽  
Vol 3 (3) ◽  
pp. 272 ◽  
Author(s):  
Matthew J. Hanka ◽  
Trent Aaron Engbers
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Economic Benefit ◽  
Quantitative Research ◽  
Ordered Probit ◽  
Neighborhood Characteristics ◽  
Probit Regression ◽  
Economic Resilience ◽  
The Social ◽  
The City

Sean Safford’s 2009 book Why the Garden Club Couldn’t Save Youngstown introduces a revolutionary idea that much of a community’s economic resilience is tied to the social capital that exists within it. Recent research suggests that social capital not only benefits those who develop it, but it can serve as a source of economic development in the communities in which it arises. Past quantitative research on the economic benefit of social capital has only examined the city or higher levels of aggregation. This study measures social capital in three diverse socioeconomic neighborhoods to better understand how social capital can serve as a tool for economic development. An ordered probit regression model was developed to examine how individual and neighborhood levels of social capital benefit households within these communities. Moreover, this study addresses how differences in social capital across neighborhoods are explained by both individual and neighborhood characteristics.

scholarly journals Influence of Social Capital on Livelihood Outcomes for the Internally Displaced Persons in Kenya: A Social Capital Approach

2017 ◽  
Vol 13 (26) ◽  
pp. 266 ◽  
Author(s):  
Christopher Nkonge Kiboro
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Local Level ◽  
Internally Displaced Persons ◽  
Displaced Persons ◽  
Internally Displaced ◽  
Governmental Organizations ◽  
The Poor ◽  
Non Governmental Organizations ◽  
Essential Services

Social capital is increasingly recognized as important in influencing economic development, establishment of safe neighborhoods and wellfunctioning communities. There is growing evidence that communities with relatively higher stocks of social capital in form of grassroots associations appear to achieve higher levels of growth compared to societies with low stocks of social capital. This study sought to investigate the influence of social Capital on the livelihood outcomes for the internally displaced persons in Kenya. Membership to local level associations was used as a predictor of social capital. The study revealed that majority of the households that were affiliated to local level associations obtained essential services that influenced their livelihoods positively. Overall, the findings reveal that memberships in local associations (social capital) tend to insulate households from risks and other exigencies. The study recommends that government and other stakeholders such as non-governmental organizations should formulate projects and programs that seek to promote wider participation in local level associations particularly by the poor and those whose livelihoods are vulnerable.

scholarly journals Proportions of social capital allocation in the society as a key to defining the vector of its effect on social welfare

2013 ◽  
Vol 2013 (2) ◽  
pp. 153-162
Author(s):  
Ganna Gerasymenko
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Social Welfare ◽  
Capital Allocation ◽  
Economic Effects ◽  
Negative Effects ◽  
The Way

The article investigates different approaches to social capital defining as well as to the role of social capital in the economy. The author has found out that social capital can bring forth the range of positive social and economic effects,stimulating the economic development of the country. It also can bring force some negative effects, keeping a check on economic development and proliferating social disproportions. It has been elicited that the way of social capital impact on social welfare is a function of the equitability of its allocation in the society.

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