Does social capital matter for European regional growth?
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Scholar |
Otros documentos de la autoría: Forte Deltell, Anabel; Peiró-Palomino, Jesús; Tortosa-Ausina, Emili
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http://dx.doi.org/10.1016/j.euroecorev.2015.03.013 |
Metadatos
Título
Does social capital matter for European regional growth?Fecha de publicación
2015Editor
ElsevierISSN
0014-2921Cita bibliográfica
FORTE, Anabel; PEIRÓ-PALOMINO, Jesús; TORTOSA-AUSINA, Emili. Does social capital matter for European regional growth?. European Economic Review, 2015, vol. 77, p. 47-64.Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://www.sciencedirect.com/science/article/pii/S0014292115000495Palabras clave / Materias
Resumen
This paper analyzes the role of different elements of social capital in economic growth for a sample of 85 European regions during the period 1995–2008. Despite the remarkable progress that social capital and European ... [+]
This paper analyzes the role of different elements of social capital in economic growth for a sample of 85 European regions during the period 1995–2008. Despite the remarkable progress that social capital and European regional economic growth literatures have experienced over the last two decades, initiatives combining the two are few, and entirely yet to come for the post-1990s period. Recent improvements in data availability allow this gap in the literature to be closed, since they enable the researcher to consider the traditionally disregarded Eastern and Central European (ECE) regions. This is particularly interesting, as they are all transition economies that recently joined the European Union, with relatively low levels of social capital. On the methodological side, we follow the Bayesian paradigm, which enables us to make direct inferences on the parameters to be estimated and deal with parameter uncertainty, leading to a deeper understanding of the relationships being investigated. In particular, we analyze three indicators of social capital, namely social trust, associational activities and social norms. Results suggest that the two former might have some implications for regional growth while social norms are a weaker predictor for growth. [-]
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European Economic Review Volume 77, July 2015, Pages 47–64Derechos de acceso
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