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Social Capital and Regional Economies in Britain

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  • Terrence Casey

Abstract

Is social capital a prerequisite for prosperity? This paper analyzes social capital and economic performance in the British regions. Like Italy, Britain has a north–south economic divide. Are these differences caused by unequal stocks of social capital? This paper provides limited support for the hypothesized relationship between some indicators of social capital (especially trust and civic associations) and economic performance. Economic associations, however, are negatively correlated. This highlights shortcomings in social capital theory in terms of transferring the concept to new settings, the mechanisms linking social capital to production and the translation of social capital into public policy.

Suggested Citation

  • Terrence Casey, 2004. "Social Capital and Regional Economies in Britain," Political Studies, Political Studies Association, vol. 52(1), pages 96-117, March.
    • Handle: RePEc:bla:polstu:v:52:y:2004:i:1:p:96-117
    DOI: 10.1111/j.1467-9248.2004.00466.x
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    Cited by:

    1. Ümit İzmen & Yeşim Üçdoğruk Gürel, 2023. "The importance of linking social capital in unequal and fragmented societies: an analysis of perceived economic well-being in Turkish rural and urban households," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(3), pages 799-817, June.
    2. Samuelson Appau & Sefa Awaworyi Churchill & Russell Smyth & Quanda Zhang, 2022. "Social Capital Inequality and Subjective Wellbeing of Older Chinese," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 160(2), pages 541-563, April.
    3. Dzialek, Jaroslaw, 2009. "Social capital and economic growth in Polish regions," MPRA Paper 18287, University Library of Munich, Germany.
    4. Oktay KIZILKAYA & Murat ÇETÝNKAYA & Emrah SOFUOÐLU, 2017. "Does Social Capital Have an Effect on Industry Production in G7 Countries? Causality Analysis," Journal of Economics Library, KSP Journals, vol. 4(1), pages 54-63, March.
    5. Geys, Benny & Heinemann, Friedrich & Kalb, Alexander, 2010. "Voter involvement, fiscal autonomy and public sector efficiency: Evidence from German municipalities," European Journal of Political Economy, Elsevier, vol. 26(2), pages 265-278, June.
    6. Judit Kapás, 2019. "The interaction of individual values and sticky formal institutions in economic development," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 16(1), pages 41-67, June.
    7. Liz Twigg & Steve Barnard & John Mohan & Kelvyn Jones, 2006. "Developing and Evaluating Small-Area Indicators of the Neighbourhood Social Environment," Environment and Planning A, , vol. 38(11), pages 2173-2192, November.
    8. Hilde Coffé, 2009. "Social Capital and Community Heterogeneity," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 91(2), pages 155-170, April.
    9. Martin Rode, 2013. "Do Good Institutions Make Citizens Happy, or Do Happy Citizens Build Better Institutions?," Journal of Happiness Studies, Springer, vol. 14(5), pages 1479-1505, October.
    10. Bjørnskov, Christian, 2006. "The Determinants of Trust," Ratio Working Papers 86, The Ratio Institute.
    11. Stukach, Victor & Daueshov, Marat, 2002. "Адаптация Хозяйствующих Субъектов Аграрной Сферы: Конъюнктурное Изучение, Государственное Регулирования, Информационная База [Adaptation of economic entities of the agrarian sphere: opportunistic study, state regulation, information base]," MPRA Paper 79120, University Library of Munich, Germany, revised Dec 2015.
    12. Rhys Andrews, 2007. "Civic Culture and Public Service Failure: An Empirical Exploration," Urban Studies, Urban Studies Journal Limited, vol. 44(4), pages 845-863, April.
    13. Judit Kapas, 2017. "How Cultural Values Affect Economic Growth: A Critical Assessment Of The Literature," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 26(1), pages 265-285, june.
    14. Christian Bjørnskov, 2010. "How does social trust lead to better governance? An attempt to separate electoral and bureaucratic mechanisms," Public Choice, Springer, vol. 144(1), pages 323-346, July.
    15. Kostakis, Ioannis & Lolos, Sarantis & Doulgeraki, Charikleia, 2020. "Cultural Heritage led Growth: Regional evidence from Greece (1998-2016)," MPRA Paper 98443, University Library of Munich, Germany.

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