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Dynamics of social trust and human capital in the learning process: The case of the Japan garment cluster in the period 1968-2005


  • yamamura, eiji


This paper examined how and the extent to which human capital and social trust are associated with the learning process of a manager in making operations decisions through experience. To this end, using a data set originally and purposively constructed by the author, I investigate the development and transformation of the garment industry cluster region of Kojima, Japan. The major findings through statistical estimations are as follows. (1) In the cluster development stage, the social trust of an enterprise and its manager’s experiences in firm operations could be regarded as forming a complimentary association. (2) In the stage following cluster development, however, a manager’s human capital as accumulated through schooling and personal experience becomes complimentary instead of social trust.

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  • yamamura, eiji, 2008. "Dynamics of social trust and human capital in the learning process: The case of the Japan garment cluster in the period 1968-2005," MPRA Paper 10251, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:10251

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    References listed on IDEAS

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    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Eiji Yamamura, 2016. "Smokers’ Preference for Divorce and Extramarital Sex," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 59(2), pages 44-76.
    2. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2014. "Do cooperative enterprises create social trust?," Small Business Economics, Springer, vol. 42(3), pages 621-641, March.
    3. Abdul Jalil & Iffat Rabab, 2017. "The Economic Payoffs of Trust: An Empirical Investigation from Developing Countries Robust to Jackknife Coefficient Distribution," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(3), pages 1121-1144, April.
    4. Giacomo, Degli Antoni & Fabio, Sabatini, 2013. "Disentangling the relationship between nonprofit and social capital: the role of social cooperatives and social welfare associations in the development of networks of strong and weak ties," MPRA Paper 44860, University Library of Munich, Germany.
    5. Kim, Byung-Yeon & Kang, Youngho, 2014. "Social capital and entrepreneurial activity: A pseudo-panel approach," Journal of Economic Behavior & Organization, Elsevier, vol. 97(C), pages 47-60.
    6. H.M. Nihal Padmasiri, 2012. "The role of human and social capital on the development of wooden furniture clusters in Sri Lanka," International Journal of Development Issues, Emerald Group Publishing, vol. 11(1), pages 19-36, April.
    7. Justina A.V. Fischer & Benno Torgler, 2013. "Do Positional Concerns Destroy Social Capital: Evidence From 26 Countries," Economic Inquiry, Western Economic Association International, vol. 51(2), pages 1542-1565, April.
    8. Dearmon, Jacob & Grier, Robin, 2011. "Trust and the accumulation of physical and human capital," European Journal of Political Economy, Elsevier, vol. 27(3), pages 507-519, September.
    9. repec:bla:rdevec:v:21:y:2017:i:4:p:1401-1424 is not listed on IDEAS
    10. Masaki Nakabayashi, 2017. "Honesty, Diligence and Skill: Risk Sharing and Specialization in the Kiryu Silk Weaving Cluster, Japan," Review of Development Economics, Wiley Blackwell, vol. 21(4), pages 1401-1424, November.

    More about this item


    Social trust; Human capital; Bayesian learning;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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