Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/116232 
Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
43rd Congress of the European Regional Science Association: "Peripheries, Centres, and Spatial Development in the New Europe", 27th - 30th August 2003, Jyväskylä, Finland
Verlag: 
European Regional Science Association (ERSA), Louvain-la-Neuve
Zusammenfassung: 
In this paper we develop a model of growth and social capital, and test it using data from the European Value Survey (EVS). Following Putnam’s distinction between bonding and bridging social capital, we model social capital as participation in two types of social networks: first, closed networks of family and friends, and, second, open networks that bridge different communities. Agents have a preference for social interaction, which they trade off against material well-being. Participation in both social networks is time-consuming and comes at the cost of participation in the formal economic sphere and working time. Through this channel, higher levels of social capital may crowd out economic growth. In addition, participation in intercommunity networks reduces incentives for rent seeking and cheating. Through this channel, higher level of bridging social capital may enhance economic growth. Testing the model, we find that regional differences in materialistic attitudes and the value attached to family life significantly reduce the participation in open networks and that this in turn reduces regional output growth in Europe.
Dokumentart: 
Conference Paper

Datei(en):
Datei
Größe
399.37 kB





Publikationen in EconStor sind urheberrechtlich geschützt.