Life Satisfaction, Social Capital and the Bonding-Bridging Nexus
The paper investigates the relation between social capital and life satisfaction focusing on the distinction between bonding and bridging as introduced by Putnam (2000). Using the latest version of the combined World and European Values Surveys, we first address the question of measurement of social capital by means of a multi-step factor analysis. Through this procedure, we find that proxies typically used for social capital tend to polarize around two dimensions interpreted as bonding and bridging. These two dimensions are in fact associated with a single latent variable with opposite signs suggesting that they describe two sides of the same latent variable rather than two independent latent variables. We call this latent variable the locus of socializing and use it to explore the relation between social capital and life satisfaction across world citizens and across groups of similar countries. The results indicate that people with extreme bonding or bridging behavior are less happy than people with more balanced attitudes. Unlike the literature on social capital and economic growth that finds bridging attitudes more desirable than bonding attitudes, we find that bonding attitudes are at least as important as bridging attitudes for life satisfaction. This suggests that the social capital dimensions important for economic growth may not necessarily coincide with the social capital dimensions important for life satisfaction.
|Date of creation:||12 Dec 2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.eco-giu.uniclam.it/Dipartimento/Info
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrew E. Clark, 2004. "What makes a good job? Evidence from OECD countries," DELTA Working Papers 2004-28, DELTA (Ecole normale supérieure).
- Bruni, Luigino & Stanca, Luca, 2008.
"Watching alone: Relational goods, television and happiness,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 65(3-4), pages 506-528, March.
- Luigino Bruni & Luca Stanca, 2005. "Watching alone: Relational Goods, Television and Happiness," Working Papers 90, University of Milano-Bicocca, Department of Economics, revised Jun 2005.
- Stephan Meier & Alois Stutzer, .
"Is Volunteering Rewarding in Itself?,"
IEW - Working Papers
180, Institute for Empirical Research in Economics - University of Zurich.
- John F. Helliwell & Christopher P. Barrington-Leigh & Anthony Harris & Haifang Huang, 2009. "International Evidence on the Social Context of Well-Being," NBER Working Papers 14720, National Bureau of Economic Research, Inc.
- Leonardo Becchetti & Alessandra Pelloni & Fiammetta Rossetti, 2008.
"Relational Goods, Sociability, and Happiness,"
Wiley Blackwell, vol. 61(3), pages 343-363, 08.
- Becchetti Leonardo & Pelloni Alessandra & Rossetti Fiammetta, 2008. "Relational goods, sociability, and happiness," wp.comunite 0039, Department of Communication, University of Teramo.
- Leonardo Becchetti & Alessandra Pelloni & Fiammetta Rossetti, 2008. "Relational Goods, Sociability, and happiness," CEIS Research Paper 117, Tor Vergata University, CEIS, revised 14 Jul 2008.
- Dearmon, Jacob & Grier, Kevin, 2009. "Trust and development," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 210-220, August.
- Woolcock, Michael & Narayan, Deepa, 2000. "Social Capital: Implications for Development Theory, Research, and Policy," World Bank Research Observer, World Bank Group, vol. 15(2), pages 225-49, August.
When requesting a correction, please mention this item's handle: RePEc:css:wpaper:2011-08. 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: (Gennaro Zezza)
If references are entirely missing, you can add them using this form.