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Homeownership and investment for social capital in Japan: Dynamic Panel approach

  • Yamamura, Eiji

This paper explores how the rate of home-ownership and income inequality are related to the formation of social capital using panel data from Japan during the period 19862006. I have used Dynamic Panel estimation to control unobserved prefecture-specific fixed effects and an endogeneity bias. I have found through this estimation that the rate of home-ownership enhances the participation in voluntary activities, leading to social capital accumulation. This is in accord with findings from the United States (DiPasquale and Glaeser, 1999).

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 26182.

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Date of creation: 10 Oct 2010
Date of revision:
Handle: RePEc:pra:mprapa:26182
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  1. DiPasquale, Denise & Glaeser, Edward L., 1999. "Incentives and Social Capital: Are Homeowners Better Citizens?," Journal of Urban Economics, Elsevier, vol. 45(2), pages 354-384, March.
  2. La Ferrara, Eliana & Alesina, Alberto, 2000. "Participation in Heterogeneous Communities," Scholarly Articles 4551796, Harvard University Department of Economics.
  3. repec:oup:qjecon:v:112:y:1997:i:4:p:1251-88 is not listed on IDEAS
  4. David, Quentin & Janiak, Alexandre & Wasmer, Etienne, 2010. "Local social capital and geographical mobility," Journal of Urban Economics, Elsevier, vol. 68(2), pages 191-204, September.
  5. Kamhon Kan, 2006. "Residential Mobility and Social Capital," IEAS Working Paper : academic research 06-A005, Institute of Economics, Academia Sinica, Taipei, Taiwan.
  6. Alberto Alesina & Eliana La Ferrara, 1999. "Participation in Heterogeneous Communities," NBER Working Papers 7155, National Bureau of Economic Research, Inc.
  7. Mina Baliamoune-Lutz, 2009. "Human Well-Being Effects Of Institutions And Social Capital," Contemporary Economic Policy, Western Economic Association International, vol. 27(1), pages 54-66, 01.
  8. Hans Westlund, 2007. "Social capital, networks and economic development: An analysis of regional productive systems - By Maria Semitiel Garcia," Papers in Regional Science, Wiley Blackwell, vol. 86(4), pages 657-659, November.
  9. Christian A. L. Hilber, 2007. "New housing supply and the dilution of social capital," LSE Research Online Documents on Economics 3573, London School of Economics and Political Science, LSE Library.
  10. Yamamura, Eiji, 2008. "The effects of inequality, fragmentation, and social capital on collective action in a homogeneous society: Analyzing responses to the 2005 Japan Census," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 2054-2058, October.
  11. Edward L. Glaeser & Charles Redlick, 2008. "Social Capital and Urban Growth," NBER Working Papers 14374, National Bureau of Economic Research, Inc.
  12. repec:oup:qjecon:v:115:y:2000:i:3:p:847-904 is not listed on IDEAS
  13. Yamamura Eiji, 2008. "The Market for Lawyers and Social Capital: Are Informal Rules a Substitute for Formal Ones?," Review of Law & Economics, De Gruyter, vol. 4(1), pages 499-517, December.
  14. Maureen Kilkenny, 2008. "Social capital in the knowledge economy: Theory and empirics - By Hans Westlund," Papers in Regional Science, Wiley Blackwell, vol. 87(1), pages 149-152, 03.
  15. Somnath Chattopadhyay, 2010. "District level poverty estimation: a spatial approach," Economics Bulletin, AccessEcon, vol. 30(4), pages 2962-2977.
  16. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, vol. 112(483), pages 437-458, November.
  17. Eiji Yamamura, 2008. "Diffusion of home computers and social networks: a study using Japanese panel data," Applied Economics Letters, Taylor & Francis Journals, vol. 15(15), pages 1231-1235.
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