Does social capital promote industrialization? Evidence from a rapid industrializer

• 成果类型: Article
• 署名作者: Miguel, E; Gertler, P; Levine, DI
• 署名单位: University of California System; University of California Berkeley; National Bureau of Economic Research
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/003465305775098099
• 发表日期: 2005-11
• 页码: 754-762
• 关键词: economics; MARKET

摘要

A new stylized fact in development economics is the importance of social capital in promoting economic growth. This paper examines the effect of social capital on industrialization in Indonesia. We analyze a rich set of social capital and social interaction measures, including voluntary associational activity and levels of trust and informal cooperation. The main finding is that initial social capital does not predict subsequent industrial development across 274 Indonesian districts. Though these findings are for only a single nation and may not apply everywhere, they call into question recent claims regarding social capital and economic development.