Does social capital have an economic payoff? A cross-country investigation

• 成果类型: Article
• 署名作者: Knack, S; Keefer, P
• 署名单位: University System of Maryland; University of Maryland College Park; The World Bank
• 刊物名称: QUARTERLY JOURNAL OF ECONOMICS
• ISSN/ISSBN: 0033-5533
• DOI: 10.1162/003355300555475
• 发表日期: 1997
• 页码: 1251-1288
• 关键词: international comparisons; MARKET STAGE; GROWTH; institutions

摘要

This paper presents evidence that ''social capital'' matters for measurable economic performance, using indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups-Putnam's measure of social capital-is not associated with trust or with improved economic performance. We find trust and civic norms are stronger in nations with higher and more equal incomes, with institutions that restrain predatory actions of chief executives, and with better-educated and ethnically homogeneous populations.