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How Do Neighbors Influence Investment in Social Capital? Homeownership and Length of Residence

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  • Eiji Yamamura

Abstract

This paper uses individual data from Japan to explore how the circumstances of where a person resides is related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found (1) not only that homeownership and length of residence are positively related to investment in social capital, but also that rates of homeownership and long-time residency in a locality increase an individual’s investments in social capital. Also, (2) the effects of local neighborhood homeownership and local length of residence are distinctly larger than those of an individual’s homeownership or length of residence. Copyright International Atlantic Economic Society 2011

Suggested Citation

  • Eiji Yamamura, 2011. "How Do Neighbors Influence Investment in Social Capital? Homeownership and Length of Residence," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(4), pages 451-464, November.
  • Handle: RePEc:kap:iaecre:v:17:y:2011:i:4:p:451-464:10.1007/s11294-011-9318-z
    DOI: 10.1007/s11294-011-9318-z
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    1. Paldam, Martin, 2000. "Social Capital: One or Many? Definition and Measurement," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 629-653, December.
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    Cited by:

    1. Eiji Yamamura, 2013. "Natural Disasters and Participation in Volunteer Activities: A Case Study of the Great Hanshin-Awaji Earthquake," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 84(1), pages 103-117, March.
    2. Mundra, Kusum & Uwaifo Oyelere, Ruth, 2013. "Determinants of Immigrant Homeownership: Examining their Changing Role during the Great Recession and Beyond," IZA Discussion Papers 7468, Institute of Labor Economics (IZA).
    3. Yuval Arbel & Danny Ben-Shahar & Yossef Tobol, 2012. "The Correlation among Immigrant Homeownership, Objective and Subjective Characteristics, and Civic Participation: New Evidence from the Israeli Experience," Urban Studies, Urban Studies Journal Limited, vol. 49(11), pages 2479-2499, November.

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    More about this item

    Keywords

    Social capital; Homeownership; Length of residence; D71; R11; R23;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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