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dc.contributor.advisorFisher, Eric O'N.
dc.creatorMustre del Río, José
dc.date.accessioned2005-06-07T13:44:49Z
dc.date.available2005-06-07T13:44:49Z
dc.date.issued2005-06
dc.identifier.urihttp://hdl.handle.net/1811/369
dc.description.abstractThis study proposes a new measure of social capital, voter turnout, and attempts to confirm the results of previous studies (e.g. Knack and Keefer [1997] or La Porta et al. [1997]). Compared to previous measures of social capital used in the literature, our measure is available over several decades and thus should capture efficiently long-term trends in social capital. Furthermore, our measure should be immune to cultural biases in reporting and responding as compared to measures of trust and civic engagement. Finally, voter turnout measures a behavior rather than a belief. Our empirical results suggest that there is no direct link between social capital and long-run economic growth, contradicting previous results. However, our results do suggest that social capital can improve government efficiency. We suggest that stronger institutions, which help the securing of economic outcomes, are the economic pay-off of social capital. Furthermore, we also suggest social capital as an observable determinant of what Hall and Jones (1999) call "social infrastructure." Thus our results provide empirical evidence for the mechanism through which institutions are determined.en
dc.format.extent2601572 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_US
dc.publisherThe Ohio State Universityen
dc.relation.ispartofseriesThe Ohio State University. Department of Economics Honors Theses;2005
dc.subjectsocial capitalen
dc.subjecteconomic growthen
dc.subjectvoter turnouten
dc.subjectempirical studyen
dc.subjectmeasuring social capitalen
dc.subjectparliamentary electionsen
dc.subjectinstitutions and growthen
dc.subjectsocial infrastructureen
dc.subjectgeneralized trust and reciprocityen
dc.titleThe Social Capital Effect on Economic Growthen
dc.typeThesisen
dc.rights.ccAttribution 2.0 Genericen_US
dc.rights.ccurihttp://creativecommons.org/licenses/by/2.0/en_US


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