Measuring Social Capital in East Asia and Other World Regions: Index of Social Capital for 72 Countries
AbstractCritics opine that social capital, despite its importance, provides little empirical insight because it is difficult to measure. This paper develops a broad measure of social capital, incorporating four major components: social trust, norms, social networks, and social structure. We constructed an index of social capital for 72 countries by extracting the principal components from 44 variables. Consistent with the social capital literature, the index of social capital is significantly associated with various social and economic indicators, such as income per capita, education, infant mortality, regulatory quality and even happiness. We compare the levels of social capital between East Asia and other world regions. The results suggest that although the level of social capital varies widely across countries, East Asia has markedly less social capital than Western Europe or North America.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Global Economic Review.
Volume (Year): 40 (2011)
Issue (Month): 4 (December)
Contact details of provider:
Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=111729
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.