This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and four “structural” dimensions of social capital. The quality of development is measured through human development and indicators of the state of health of urban ecosystems, public services, gender equality, and labour markets, while social capital is measured through synthetic indicators representing strong family ties, weak informal ties, voluntary organizations, and political participation. The quality of development exhibits a strong positive correlation with bridging weak ties and a negative correlation with strong family ties. Particularly, the analysis shows a strong correlation between informal ties and an indicator of “social well-being” (synthesizing gender equality, public services and labour markets) and between voluntary organizations and the state of health of urban ecosystems. Active political participation proves to be irrelevant in terms of development and well-being. Finally, the role of public spending for education, health care, welfare work, and the environment protection is analysed, revealing a scarce correlation both with social capital and development indicators.
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Length: 40 pages Date of creation: 11 Dec 2005 Date of revision: Handle: RePEc:wpa:wuwpdc:0512011
Note: Type of Document - pdf; pages: 40. Paper accepted for presentation at the COE/JEPA (Center of Excellence / Japan Economic Policy Association) Joint International Conference, 'Towards a New Economic Paradigm', Kobe, Japan, 17-18 December 2005. Contact details of provider: Web page: http://129.3.20.41
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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.:
Steven N. Durlauf & Marcel Fafchamps, 2004.
"Social Capital,"
NBER Working Papers
10485, National Bureau of Economic Research, Inc.
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Durlauf, Steven N. & Fafchamps, Marcel, 2005.
"Social Capital,"
Handbook of Economic Growth,
in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 26, pages 1639-1699
Elsevier.
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