Advanced Search
MyIDEAS: Login to save this paper or follow this series

The empirics of social capital and economic development: a critical perspective

Contents:

Author Info

  • Fabio Sabatini

    (University of Rome La Sapienza, Department of Public Economics)

Registered author(s):

    Abstract

    This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used to analyze, in a critical perspective, some prominent empirical studies and new interesting researches published in last two years. The need emerges to acknowledge, also within the empirical research, the multidimensional, context-dependent and dynamic nature of social capital. The survey also underlines that, although it has gained a certain popularity in the empirical research, the use of “indirect” indicators may be misleading. Such measures do not represent social capital’s key components identified by the theoretical literature, and their use causes a considerable confusion about what social capital is, as distinct from its outcomes, and what the relationship between social capital and its outcomes may be. Research reliant upon an outcome of social capital as an indicator of it will necessarily find social capital to be related to that outcome. This paper suggests to focus the empirical research firstly on the “structural” aspects of the concept, therefore excluding by the measurement toolbox all indicators referring to social capital’s supposed outcomes.

    Download Info

    If 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.
    File URL: http://128.118.178.162/eps/dev/papers/0512/0512008.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by EconWPA in its series Development and Comp Systems with number 0512008.

    as in new window
    Length: 30 pages
    Date of creation: 11 Dec 2005
    Date of revision:
    Handle: RePEc:wpa:wuwpdc:0512008

    Note: Type of Document - pdf; pages: 30
    Contact details of provider:
    Web page: http://128.118.178.162

    Related research

    Keywords: Social capital; Social networks; Trust; Economic development; Relation of economics to other disciplines; Relation of economics to social values;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Arnott, Richard & Stiglitz, Joseph E, 1991. "Moral Hazard and Nonmarket Institutions: Dysfunctional Crowding Out or Peer Monitoring?," American Economic Review, American Economic Association, American Economic Association, vol. 81(1), pages 179-90, March.
    2. Alberto Alesina & Eliana La Ferrara, 1999. "Participation in Heterogeneous Communities," NBER Working Papers 7155, National Bureau of Economic Research, Inc.
    3. Durlauf,S.N., 2001. "On the empirics of social capital," Working papers, Wisconsin Madison - Social Systems 3, Wisconsin Madison - Social Systems.
    4. Mark Gradstein & Moshe Justman, 2002. "Education, Social Cohesion, and Economic Growth," American Economic Review, American Economic Association, American Economic Association, vol. 92(4), pages 1192-1204, September.
    5. La Porta, Rafael, et al, 1997. "Trust in Large Organizations," American Economic Review, American Economic Association, American Economic Association, vol. 87(2), pages 333-38, May.
    6. Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
    7. Georg Kirchsteiger & Ernst Fehr & Simon Gächter, 1997. "Reciprocity as a contract enforcement device: experimental evidence," ULB Institutional Repository 2013/5911, ULB -- Universite Libre de Bruxelles.
    8. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, Elsevier, vol. 10(1), pages 122-142, July.
    9. Samuel Bowles & Herbert Gintis, 2001. "Social Capital and Community Governance," Working Papers, Santa Fe Institute 01-01-003, Santa Fe Institute.
    10. Schaik, A.B.T.M. van, 2002. "Social Capital in the European Values Study Surveys," Open Access publications from Tilburg University, Tilburg University urn:nbn:nl:ui:12-91564, Tilburg University.
    11. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," NBER Working Papers 7563, National Bureau of Economic Research, Inc.
    12. Routledge, Bryan R. & von Amsberg, Joachim, 2003. "Social capital and growth," Journal of Monetary Economics, Elsevier, Elsevier, vol. 50(1), pages 167-193, January.
    13. Dora L. Costa & Matthew E. Kahn, 2003. "Understanding the American Decline in Social Capital, 1952--1998," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 56(1), pages 17-46, February.
    14. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc.
    15. repec:fth:oxesaf:97-2.1 is not listed on IDEAS
    16. Ernst Fehr & Simon Gaechter, . "Fairness and Retaliation: The Economics of Reciprocitys," IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich 040, Institute for Empirical Research in Economics - University of Zurich.
    17. Sjoerd Beugelsdijk & Ton Van Schaik, 2003. "Social capital and regional economic growth," ERSA conference papers ersa03p518, European Regional Science Association.
    18. Paul Collier & Jan Willem Gunning, 1998. "Explaining African economic performance," Economics Series Working Papers, University of Oxford, Department of Economics WPS/1997-02.2, University of Oxford, Department of Economics.
    19. Christian Bjornskov, 2003. "The Happy Few: Cross--Country Evidence on Social Capital and Life Satisfaction," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 56(1), pages 3-16, February.
    20. Alesina, Alberto F & La Ferrara, Eliana, 2000. "Who Trusts Others?," CEPR Discussion Papers, C.E.P.R. Discussion Papers 2646, C.E.P.R. Discussion Papers.
    21. Fabio Sabatini, 2005. "Social capital as social networks. A new framework for measurement," Working Papers, University of Rome La Sapienza, Department of Public Economics 83, University of Rome La Sapienza, Department of Public Economics.
    22. James J. Heckman, 2000. "Causal Parameters And Policy Analysis In Economics: A Twentieth Century Retrospective," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 115(1), pages 45-97, February.
    23. Sjoerd Beugelsdijk & Henri L.F. de Groot & Anton B.T.M. van Schaik, 2004. "Trust and economic growth: a robustness analysis," Oxford Economic Papers, Oxford University Press, vol. 56(1), pages 118-134, January.
    24. Kormendi, Roger C. & Meguire, Philip G., 1985. "Macroeconomic determinants of growth: Cross-country evidence," Journal of Monetary Economics, Elsevier, Elsevier, vol. 16(2), pages 141-163, September.
    25. Narayan, Deepa & Pritchett, Lant, 1997. "Cents and sociability : household income and social capital in rural Tanzania," Policy Research Working Paper Series 1796, The World Bank.
    26. Fabio Sabatini, 2005. "Resources for the Study of Social Capital," The Journal of Economic Education, Taylor & Francis Journals, Taylor & Francis Journals, vol. 36(2), pages 198-198, April.
    27. repec:rie:review:v:11:y:2006:i:3:n:2 is not listed on IDEAS
    28. Robert J. Barro, 1998. "Determinants of Economic Growth: A Cross-Country Empirical Study," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 0262522543, December.
    29. 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.
    30. Benabou, Roland, 1996. "Heterogeneity, Stratification, and Growth: Macroeconomic Implications of Community Structure and School Finance," American Economic Review, American Economic Association, American Economic Association, vol. 86(3), pages 584-609, June.
    31. Fabio Sabatini, 2005. "Social capital as social networks. A new framework for measurement," Others, EconWPA 0506013, EconWPA.
    32. Harrison Hong & Jeffrey D. Kubik & Jeremy C. Stein, 2004. "Social Interaction and Stock-Market Participation," Journal of Finance, American Finance Association, American Finance Association, vol. 59(1), pages 137-163, 02.
    33. Samuel Bowles & Herbert Gintis, 2000. "The Evolution of Strong Reciprocity," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics 2000-05, University of Massachusetts Amherst, Department of Economics.
    34. Brown, L. David & Ashman, Darcy, 1996. "Participation, social capital, and intersectoral problem solving: African and Asian cases," World Development, Elsevier, Elsevier, vol. 24(9), pages 1467-1479, September.
    35. John F. Helliwell & Robert D. Putnam, 1995. "Economic Growth and Social Capital in Italy," Eastern Economic Journal, Eastern Economic Association, Eastern Economic Association, vol. 21(3), pages 295-307, Summer.
    36. La Ferrara, Eliana & Alesina, Alberto, 2000. "Participation in Heterogeneous Communities," Scholarly Articles 4551796, Harvard University Department of Economics.
    37. 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.
    38. Glenn C. Loury, 1976. "A Dynamic Theory of Racial Income Differences," Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science 225, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    39. Barbara Piazza-Georgi, 2002. "The role of human and social capital in growth: extending our understanding," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 26(4), pages 461-479, July.
    40. Degli Antoni, Giacomo, 2005. "Le determinanti del capitale sociale: analisi teorica e verifica empirica a livello micro e macroeconomico," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit 14-2005, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    41. Jonathan Temple & Paul A. Johnson, 1998. "Social Capability And Economic Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 113(3), pages 965-990, August.
    42. Paldam, Martin & Svendsen, Gert Tinggaard, 2000. "An essay on social capital: looking for the fire behind the smoke," European Journal of Political Economy, Elsevier, Elsevier, vol. 16(2), pages 339-366, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpdc:0512008. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.