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The Olson - Putnam Controversy: Some Empirical Evidence

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  • José Atilano Pena López

    ()
    (University of A Coruña)

  • José Manuel Sánchez Santos

    ()
    (University of A Coruña)

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    Abstract

    This paper explores the causal link between associationism and general trust. First we study the principal components that constitute social capital. Then we contrast a structural model identifying the relations between the relevant variables in the so-called Olson-Putnam aporia. The results of the empirical test on the determinants of social capital allow us to conclude that the extension of horizontal networks maintains a direct relation with this form of capital, but not those of vertical type.

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    File URL: http://www.accessecon.com/pubs/EB/2007/Volume26/EB-07Z10025A.pdf
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    Bibliographic Info

    Article provided by AccessEcon in its journal Economics Bulletin.

    Volume (Year): 26 (2007)
    Issue (Month): 4 ()
    Pages: 1-10

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    Handle: RePEc:ebl:ecbull:eb-07z10025

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    Keywords: Associationism Olson-Putnam controversy Social Capital Trust.;

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    1. Edward L. Glaeser & David Laibson & Jose A. Scheinkman & Christine L. Soutter, 1999. "What is Social Capital? The Determinants of Trust and Trustworthiness," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1875, Harvard - Institute of Economic Research.
    2. Knack, Stephen, 2003. " Groups, Growth and Trust: Cross-Country Evidence on the Olson and Putnam Hypotheses," Public Choice, Springer, Springer, vol. 117(3-4), pages 341-55, December.
    3. Joel Sobel, 2002. "Can We Trust Social Capital?," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 40(1), pages 139-154, March.
    4. Alberto Alesina & Eliana La Ferrara, 2000. "The Determinants of Trust," NBER Working Papers 7621, National Bureau of Economic Research, Inc.
    5. Knack, Stephen & Keefer, Philip, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 112(4), pages 1251-88, November.
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