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Calculating Weights of Social Capital Index Using Analytic Hierarchy Process

Author

Listed:
  • Phuc Van Nguyen

    (Ho Chi Minh City Open University, Vietnam,)

  • Phong Thanh Nguyen

    (Ho Chi Minh City Open University, Vietnam,)

  • Phong Thanh Nguyen

    (Chulalongkorn University (CU), Thailand,)

  • Quyen Le Hoang Thuy To Nguyen

    (Ho Chi Minh City Open University, Vietnam,)

  • Vy Dang Bich Huynh

    (Ho Chi Minh City Open University, Vietnam.)

Abstract

This study aims at identifying and ranking social capital indicators in the measurement model for Vietnam context. The analytic hierarchy process is adopted to explore the relative importance of each dimension in the integrated social capital index. The opinions from the in-depth interviews with experts, scholars and practitioners in social capital theory in Vietnam are employed to calculate the indicators' weights in the model. The empirical findings indicate the superior impact of trust to network in the integrated index. Moreover, bridging and bridging-link are found to be more important than bonding and bonding-link. The result implies the potential of leveraging this resource for the development of individuals and community.

Suggested Citation

  • Phuc Van Nguyen & Phong Thanh Nguyen & Phong Thanh Nguyen & Quyen Le Hoang Thuy To Nguyen & Vy Dang Bich Huynh, 2016. "Calculating Weights of Social Capital Index Using Analytic Hierarchy Process," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 1189-1193.
    • Handle: RePEc:eco:journ1:2016-03-48
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    References listed on IDEAS

    as
    1. Wilfred Dolfsma & Charlie Dannreuther, 2003. "Subjects and Boundaries: Contesting Social Capital-Based Policies," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(2), pages 405-413, June.
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    Cited by:

    1. Nguyen, Phuc Van & Nguyen, Phong Thanh & Huynh, Vy Dang Bich & Nguyen, Quyen Le Hoang Thuy To, 2017. "Critical Factors Affecting The Happiness: A Vietnamese Perspective," MPRA Paper 96587, University Library of Munich, Germany.
    2. Phu Pham, Cuong & Thanh Phan, Phuong & Nguyen, Phong Thanh, 2022. "Application of Grey System Theory in Construction Management," MPRA Paper 116788, University Library of Munich, Germany, revised Jul 2022.
    3. repec:arp:tjssrr:2019:p:888-891 is not listed on IDEAS
    4. Dang Vo, Khoa & Thanh Nguyen, Phong & Le Hoang Thuy To Nguyen, Quyen, 2020. "Disputes in Managing Projects: A Case Study of Construction Industry in Vietnam," MPRA Paper 103436, University Library of Munich, Germany, revised 05 Jul 2020.
    5. Ngo, Chin & Nguyen, Quyen Le Hoang Thuy To & Nguyen, Phong Thanh, 2020. "Social Capital and Corporate Performance: Evidence from State Capital Enterprises in Vietnam," MPRA Paper 103440, University Library of Munich, Germany, revised 18 Apr 2020.
    6. Tien Ha Duong, My & Van Nguyen, Diep & Thanh Nguyen, Phong, 2019. "Using Fuzzy Approach to Model Skill Shortage in Vietnam’s Labor Market in the Context of Industry 4.0," MPRA Paper 103512, University Library of Munich, Germany, revised 07 May 2020.

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    More about this item

    Keywords

    Economics; Social Capital Index; Decision Making; Analytic Hierarchy Process;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • C0 - Mathematical and Quantitative Methods - - General
    • K0 - Law and Economics - - General

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