全球智库信息集成服务系统(G2TT): DP15871 Social capital and economic growth in the regions of Europe

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP15871
	DP15871 Social capital and economic growth in the regions of Europe
	Jonathan Muringani; Rune Fitjar; Andrés Rodríguez-Pose
发表日期	2021-03-02
出版年	2021
语种	英语
摘要	Social capital is an important factor explaining differences in economic growth among regions. However, the key distinction between bonding social capital, which can lead to lock-in and myopia, and bridging social capital, which promotes knowledge flows across diverse groups, has been overlooked in growth research. In this paper, we address this shortcoming by examining how bonding and bridging social capital affect regional economic growth, using data for 190 regions in 21 EU countries, covering eight waves of the European Social Survey between 2002 and 2016. The findings confirm that bridging social capital is linked to higher levels of regional economic growth. Bonding social capital is highly correlated with bridging social capital and associated with lower growth when this is controlled for. We do not find significantly different effects of bonding social capital in regions with more or less bridging social capital, or vice versa. We examine the interaction between social and human capital, finding that bridging social capital is fundamental for stimulating economic growth, especially in low-skilled regions. Human capital also moderates the relationship between bonding social capital and growth, reducing the negative externalities imposed by excessive bonding.
主题	International Trade and Regional Economics
关键词	Social capital Bonding Bridging Regions Economic growth Eu
URL	https://cepr.org/publications/dp15871
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/544863
推荐引用方式 GB/T 7714	Jonathan Muringani,Rune Fitjar,Andrés Rodríguez-Pose. DP15871 Social capital and economic growth in the regions of Europe. 2021.