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.
|Place of Publication||Tilburg|
|Number of pages||43|
|Publication status||Published - 2001|
|Name||CentER Discussion Paper|
- regional development
- social capital