Formation of social capital in Central and Eastern Europe: Understanding the gap vis-à-vis developed countries
AbstractRecent Eurobarometer survey data are used to document and explain the stock of social capital in 27 European countries. Social capital in Central and Eastern Europe – measured by civic participation and access to social networks – lags behind that in Western European countries. Using regression analysis of determinants of individual stock of social capital, we find that this gap persists when we account for individual characteristics and endowments of respondents but disappears completely after we control for aggregate measures of economic development and quality of institutions. Informal institutions such as prevalence of corruption appear particularly important.
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Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number wp766.
Date of creation: 01 Apr 2005
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social capital; institutions; capitalism; transition;
Other versions of this item:
- Fidrmuc, Jan & Gërxhani, Klarita, 2005. "Formation of Social Capital in Central and Eastern Europe: Understanding the Gap Vis-a-Vis Developed Countries," CEPR Discussion Papers 5068, C.E.P.R. Discussion Papers.
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
- P37 - Economic Systems - - Socialist Institutions and Their Transitions - - - Legal
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
- O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-23 (All new papers)
- NEP-EEC-2005-05-23 (European Economics)
- NEP-TRA-2005-05-23 (Transition Economics)
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