IDEAS home Printed from
   My bibliography  Save this article

Social Capital and Human Well-Being in Romania: an Individual Level Analysis


  • Shiv KUMAR

    () (A.S. College, Khanna, Punjab, India – 141 401. (Affiliated to Panjab University, Chandigarh, India))


Social capital theorists claim that social capital has positive impacts on various aspects of societal life, such as economic well-being, health, crime rates, educational achievement, and adolescent development (Woolcock, 1998). Thus, on the basis of data collected from 1344 individuals by World Values Survey (WVS) wave 6 Romania 2012, the present paper examines the inter-linkage between social capital and human well-being in Romania. In the study, social capital is measured by two proxy indicators, the generalized trust among individuals and the membership of individuals in voluntary organizations. At all Romania level, mean score for individuals on the social capital index is found to be 5.22 points out of possible 100 points with standard deviation 10.81. To examine the impact of social capital on human well-being, OLS regression model is used where human well-being (measured by happiness in life, health condition, satisfaction in life, freedom of choice, satisfaction of the individual with his/her financial situation, Romanian citizenship proud, and the extent of savings) is taken as the dependent variable, and on the other side, social capital, human capital and income level are taken as the explanatory variables along with two demographic characteristics of the individuals, gender and age. At mean social capital score of 5.22, the coefficient of the variable shows that a one unit increase in social capital would increase well-being of individuals by 4.9%. Finally, the study suggests that human well-being programmes should integrate social capital as an essential element.

Suggested Citation

  • Shiv KUMAR, 2017. "Social Capital and Human Well-Being in Romania: an Individual Level Analysis," North Economic Review, Technical University of Cluj Napoca, Department of Economics and Physics, vol. 1(1), pages 66-74, October.
  • Handle: RePEc:clj:noecrw:v:1:y:2017:i:1:p:66-74

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Dirk J Bezemer & Uwe Dulleck & Paul Frijters, 2004. "Social Capital, Creative Destruction and Economic Growth," School of Economics and Finance Discussion Papers and Working Papers Series 186a, School of Economics and Finance, Queensland University of Technology.
    2. Foley, Michael W. & Edwards, Bob, 1999. "Is It Time to Disinvest in Social Capital?," Journal of Public Policy, Cambridge University Press, vol. 19(02), pages 141-173, May.
    3. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, vol. 112(483), pages 437-458, November.
    Full references (including those not matched with items on IDEAS)

    More about this item


    membership; organization; social capital; trust; well-being;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:clj:noecrw:v:1:y:2017:i:1:p:66-74. 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: (Izabela Luiza Pop). General contact details of provider: .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.