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A Study of the Effect of Social Capital on Human Development in Islamic Countries

Author

Listed:
  • Mohammad Javad Razmi

    (Ferdowsi University of Mashhad. Iran.)

  • Mostafa Salimifar

    (Ferdowsi University of Mashhad. Iran.)

  • Sahar Sherkat Bazzazan

    (Ferdowsi University of Mashhad. Iran.)

Abstract

In view of the fact, social capital in some common definitions offered about it contains a number of social elements that facilitate actions of social actors and from this aspect they are able to improve society´s performance. To study this characteristic of social capital and explore its effect on human development among Islamic communities, the current study examines the effect of social capital on human development among Islamic countries. For this purpose, a collection of 20 Islamic countries is examined during 1999-2008. Since social capital variable is qualitative the alternative variable of Corruption Perceptions Index is employed to measure the effect of social capital. The results of the study indicate a significant negative effect of corruption on human development index level.

Suggested Citation

  • Mohammad Javad Razmi & Mostafa Salimifar & Sahar Sherkat Bazzazan, 2013. "A Study of the Effect of Social Capital on Human Development in Islamic Countries," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 1, pages 1-1, June.
    • Handle: RePEc:eac:articl:03/12
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    References listed on IDEAS

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    1. M. Rusydi & Sardar M. N. Islam, 2007. "Exchange Rate Economics in Developing Countries: Indonesian Exchange Rate Analysis," Palgrave Macmillan Books, in: Quantitative Exchange Rate Economics in Developing Countries, chapter 3, pages 34-44, Palgrave Macmillan.
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    3. Dearmon, Jacob & Grier, Kevin, 2009. "Trust and development," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 210-220, August.
    4. M. Rusydi & Sardar M. N. Islam, 2007. "Quantitative Exchange Rate Economics in Developing Countries," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59248-3, February.
    5. Svendsen, Gert Tinggaard, 2003. "Social Capital, Corruption and Economic Growth: Eastern and Western Europe," Working Papers 03-21, University of Aarhus, Aarhus School of Business, Department of Economics.
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    Cited by:

    1. Zhiping Song & Peishan Tong, 2022. "The Impact of Social Security Expenditure on Human Common Development: Evidence from China’s Provincial Panel Data," Sustainability, MDPI, vol. 14(17), pages 1-12, September.
    2. Zhiping Song & Peishan Tong, 2022. "The Impact of Environmental Regulation on Human Sustainable Development: Evidence from China," Sustainability, MDPI, vol. 14(19), pages 1-12, September.

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