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Homeownership, Political Participation, and Social Capital in Post- Communist Countries and Western Europe

Author

Listed:
  • Petr Huber

    (Austrian Institute for Economic Research (WIFO) and Faculty of Business and Economics, Mendel University in Brno.)

  • Josef Montag

    (International School of Economics, Kazakh-British Technical University and Department of Economics, Mendel University in Brno)

Abstract

We study whether the positive effects of homeownership on political participation and social capital, found in developed market economies, extend to post-communist countries. We find that homeownership is strongly related to higher participation in local-level and national elections. In post- communist countries, homeownership is also related to higher social trust. However, the positive association between homeownership and volunteering found in developed market economies does not extend to post-communist countries. Together, our results corroborate that homeownership is associated with positive social benefits. However, these effects are highly heterogeneous and context- dependent.

Suggested Citation

  • Petr Huber & Josef Montag, 2018. "Homeownership, Political Participation, and Social Capital in Post- Communist Countries and Western Europe," MENDELU Working Papers in Business and Economics 2018-74, Mendel University in Brno, Faculty of Business and Economics.
  • Handle: RePEc:men:wpaper:74_2018
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    References listed on IDEAS

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    Cited by:

    1. Jeremy Clark & Abel François & Olivier Gergaud, 2020. "Electoral Turnout and Social Capital," Working Papers in Economics 20/13, University of Canterbury, Department of Economics and Finance.
    2. Stepan Mikula & Josef Montag, 2019. "Does homeownership hinder labor market activity? Evidence from housing privatization and restitution in Brno," MUNI ECON Working Papers 2019-06, Masaryk University.

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    More about this item

    Keywords

    Homeownership; social capital; political participation; post-communist countries;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • P14 - Economic Systems - - Capitalist Systems - - - Property Rights
    • P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy

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