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The Olson - Putnam Controversy: Some Empirical Evidence

Author

Listed:
  • José Atilano Pena López

    (University of A Coruña)

  • José Manuel Sánchez Santos

    (University of A Coruña)

Abstract

This paper explores the causal link between associationism and general trust. First we study the principal components that constitute social capital. Then we contrast a structural model identifying the relations between the relevant variables in the so-called Olson-Putnam aporia. The results of the empirical test on the determinants of social capital allow us to conclude that the extension of horizontal networks maintains a direct relation with this form of capital, but not those of vertical type.

Suggested Citation

  • José Atilano Pena López & José Manuel Sánchez Santos, 2007. "The Olson - Putnam Controversy: Some Empirical Evidence," Economics Bulletin, AccessEcon, vol. 26(4), pages 1-10.
    • Handle: RePEc:ebl:ecbull:eb-07z10025
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    References listed on IDEAS

    as
    1. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
    2. Knack, Stephen, 2003. "Groups, Growth and Trust: Cross-Country Evidence on the Olson and Putnam Hypotheses," Public Choice, Springer, vol. 117(3-4), pages 341-355, December.
    3. Alberto Alesina & Eliana La Ferrara, 2000. "The Determinants of Trust," NBER Working Papers 7621, National Bureau of Economic Research, Inc.
    4. Edward L. Glaeser & David Laibson & Jose A. Scheinkman & Christine L. Soutter, 1999. "What is Social Capital? The Determinants of Trust and Trustworthiness," NBER Working Papers 7216, National Bureau of Economic Research, Inc.
    5. Bjornskov, Christian, 2006. "The multiple facets of social capital," European Journal of Political Economy, Elsevier, vol. 22(1), pages 22-40, March.
    6. Joel Sobel, 2002. "Can We Trust Social Capital?," Journal of Economic Literature, American Economic Association, vol. 40(1), pages 139-154, March.
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    Cited by:

    1. Yamamura, Eiji, 2011. "Groups and information disclosure: Olson and Putnam Hypotheses," MPRA Paper 34628, University Library of Munich, Germany.
    2. Yamamura, Eiji, 2008. "The role of social capital in homogeneous society: Review of recent researches in Japan," MPRA Paper 11385, University Library of Munich, Germany.

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    More about this item

    Keywords

    Associationism Olson-Putnam controversy Social Capital Trust.;

    JEL classification:

    • Z1 - Other Special Topics - - Cultural Economics
    • Z0 - Other Special Topics - - General

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