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How do neighbors influence investment in social capital? : Homeownership and length of residence

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  • Yamamura, Eiji

Abstract

This paper uses individual data from Japan to explore how the circumstances of where a person resides is related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found; (1) Not only that homeownership and length of residence are positively related to investment in social capital, but also that rates of homeowners and long-time residents in a locality increase in an individual’s investments in social capital. (2) The effects of local neighborhood homeownership and local length of residence are distinctly larger than that of an individual’s.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 18440.

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Date of creation: 05 Nov 2009
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Handle: RePEc:pra:mprapa:18440

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Keywords: Social Capital; homeownership; length of residence;

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  1. Steven N. Durlauf, 2002. "On the Empirics of Social Capital," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 112(483), pages 459-479, November.
  2. Hilber, Christian A. L., 2007. "New Housing Supply and the Dilution of Social Capital," MPRA Paper 5134, University Library of Munich, Germany.
  3. Hans Westlund, 2007. "Social capital, networks and economic development: An analysis of regional productive systems - By Maria Semitiel Garcia," Papers in Regional Science, Wiley Blackwell, Wiley Blackwell, vol. 86(4), pages 657-659, November.
  4. Paldam, Martin, 2000. " Social Capital: One or Many? Definition and Measurement," Journal of Economic Surveys, Wiley Blackwell, Wiley Blackwell, vol. 14(5), pages 629-53, December.
  5. Alberto Alesina & Eliana La Ferrara, 1999. "Participation in Heterogeneous Communities," NBER Working Papers 7155, National Bureau of Economic Research, Inc.
  6. Yamamura Eiji, 2008. "The Market for Lawyers and Social Capital: Are Informal Rules a Substitute for Formal Ones?," Review of Law & Economics, De Gruyter, De Gruyter, vol. 4(1), pages 499-517, December.
  7. Annen, Kurt, 2003. "Social capital, inclusive networks, and economic performance," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 50(4), pages 449-463, April.
  8. Eiji Yamamura, 2008. "Diffusion of home computers and social networks: a study using Japanese panel data," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 15(15), pages 1231-1235.
  9. Yamamura, Eiji, 2009. "Frequency of contact with foreigners in a homogenous society: perceived consequences of foreigner increases in Japan," MPRA Paper 14646, University Library of Munich, Germany.
  10. Routledge, Bryan R. & von Amsberg, Joachim, 2003. "Social capital and growth," Journal of Monetary Economics, Elsevier, Elsevier, vol. 50(1), pages 167-193, January.
  11. Kurt Annen, 2001. "Inclusive and Exclusive Social Capital in the Small-Firm Sector in Developing Countries," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, Mohr Siebeck, Tübingen, vol. 157(2), pages 319-, June.
  12. Denise DiPasquale & Edward L. Glaeser, 1998. "Incentives and Social Capital: Are Homeowners Better Citizens?," NBER Working Papers 6363, National Bureau of Economic Research, Inc.
  13. La Ferrara, Eliana & Alesina, Alberto, 2000. "Participation in Heterogeneous Communities," Scholarly Articles 4551796, Harvard University Department of Economics.
  14. 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.
  15. Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output Per Worker Than Others?," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 114(1), pages 83-116, February.
  16. Maureen Kilkenny, 2008. "Social capital in the knowledge economy: Theory and empirics - By Hans Westlund," Papers in Regional Science, Wiley Blackwell, Wiley Blackwell, vol. 87(1), pages 149-152, 03.
  17. Durlauf, Steven N., 2002. "Bowling Alone: a review essay," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 47(3), pages 259-273, March.
  18. Edward L. Glaeser & Charles Redlick, 2008. "Social Capital and Urban Growth," NBER Working Papers 14374, National Bureau of Economic Research, Inc.
  19. Yamamura, Eiji, 2008. "The effects of inequality, fragmentation, and social capital on collective action in a homogeneous society: Analyzing responses to the 2005 Japan Census," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, Elsevier, vol. 37(5), pages 2054-2058, October.
  20. repec:ebl:ecbull:v:26:y:2008:i:1:p:1-9 is not listed on IDEAS
  21. Eiji Yamamura, 2008. "Determinants of trust in a racially homogeneous society," Economics Bulletin, AccessEcon, vol. 26(1), pages 1-9.
  22. Jacob L. Vigdor, 2004. "Community Composition and Collective Action: Analyzing Initial Mail Response to the 2000 Census," The Review of Economics and Statistics, MIT Press, vol. 86(1), pages 303-312, February.
  23. Kan, Kamhon, 2007. "Residential mobility and social capital," Journal of Urban Economics, Elsevier, vol. 61(3), pages 436-457, May.
  24. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 112(483), pages 437-458, November.
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Cited by:
  1. Mundra, Kusum & Uwaifo Oyelere, Ruth, 2013. "Determinants of Immigrant Homeownership: Examining their Changing Role during the Great Recession and Beyond," IZA Discussion Papers 7468, Institute for the Study of Labor (IZA).

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