Social Capital and Regional Economic Growth

S. Beugelsdijk, A.B.T.M. van Schaik

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Abstract

We study a cross-section of 54 European regions in the period 1950-1998.The central question is whether social capital, in the form of generalized trust and associational activity, is related to regional differences in economic growth. Based on extensive robustness tests, we present evidence that Fukuyama's (1995) argument on trust does not hold and that Putnam's (1993) thesis on group membership in Italian regions can be generalized.Our analysis suggests that it is not only the mere existence of network relationships that stimulates regional economic growth, but also the level of actual involvement in these relationships.
Original languageEnglish
Place of PublicationTilburg
PublisherMacroeconomics
Number of pages43
Volume2001-102
Publication statusPublished - 2001

Publication series

NameCentER Discussion Paper
Volume2001-102

Keywords

  • networks
  • regional development
  • social capital
  • trust

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