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Applications Of Social Capital Theory

  • Schmid, A. Allan
  • Robison, Lindon J.

Experiments and studies were conducted to investigate the role of social capital. Social capital (relationship to others) is a productive asset which is a substitute for and complement to other productive assets. The productivity of social capital leads to the expectation that firms and individuals invest in relationships. Data were collected to answer the following questions: Does the identity (relationship) of trading partners affect selling and buying prices; the acceptance of catastrophic risk; the choice of share or cash leases in agriculture; loan approval; and the banks investment to retain customers? The evidence is in the affirmative.

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File URL: http://purl.umn.edu/15352
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Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 27 (1995)
Issue (Month): 01 (July)
Pages:

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Handle: RePEc:ags:joaaec:15352
Contact details of provider: Web page: http://www.saea.org/jaae/jaae.htm

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  1. Robison, Lindon J. & Schmid, A. Allan, 1994. "Can Agriculture Prosper Without Increased Social Capital?," Choices, Agricultural and Applied Economics Association, vol. 9(4).
  2. Samuels, Warren J, 1990. "Institutional Economics and the Theory of Cognition: Review Article," Cambridge Journal of Economics, Oxford University Press, vol. 14(2), pages 219-27, June.
  3. Robison, Lindon J. & Hanson, Steven D., 1995. "Social Capital And Economic Cooperation," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(01), July.
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