IDEAS home Printed from https://ideas.repec.org/a/spr/qualqt/v58y2024i4d10.1007_s11135-023-01794-6.html
   My bibliography  Save this article

The effects of human capital and social capital on well-being using SEM: evidence from the Moroccan case

Author

Listed:
  • Amal Hmimou

    (Ibn Tofail University)

  • Mohammed Kaicer

    (Ibn Tofail University)

  • Yousfi El Kettani

    (Ibn Tofail University)

Abstract

The present paper delves into the intricate interplay between human and social capital in shaping individual well-being. Drawing on the Mincerian model’s foundation of linking wages, education, and experience, we investigate the extent to which these capital forms contribute to the well-being of individuals. Recognizing the limitations of traditional human capital theory, particularly its oversight of social networks and relationship dynamics, our study adopts a comprehensive approach. Utilizing advanced structural equation modeling, we analyze data sourced from the Moroccan General Census of Population and Housing in 2014. Our model encompasses the latent multidimensional concept of well-being as defined by Sen’s framework. Through meticulous measurement and analysis, we authentically present a model that captures the nuanced connections among human and social capital variables, each containing multiple latent indicators. Our empirical findings illuminate various dimensions. Human capital, as represented by educational attainment and diploma type, significantly impacts well-being. Intriguingly, health indicators exhibit a distinct relationship pattern, suggesting a divergence from traditional human capital associations. Furthermore, the measurement model for social capital underscores the notable influence of marital status, particularly among married individuals, on overall well-being. Our results reveal that well-being, positioned as an endogenous latent variable, is positively affected by both human and social capital. This study not only substantiates the relevance of Sen’s approach to well-being but also underscores the value of leveraging structural equation modeling for its comprehensive assessment. The findings reaffirm the theoretical underpinnings of the relationships between human and social capital variables and offer insights into policy implications aimed at enhancing the quality of life.

Suggested Citation

  • Amal Hmimou & Mohammed Kaicer & Yousfi El Kettani, 2024. "The effects of human capital and social capital on well-being using SEM: evidence from the Moroccan case," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(4), pages 3107-3131, August.
  • Handle: RePEc:spr:qualqt:v:58:y:2024:i:4:d:10.1007_s11135-023-01794-6
    DOI: 10.1007/s11135-023-01794-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11135-023-01794-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11135-023-01794-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Heckman, James J. & Kautz, Tim, 2012. "Hard evidence on soft skills," Labour Economics, Elsevier, vol. 19(4), pages 451-464.
    2. Adepoju, Adebusola A. & Oni, O. A., 2012. "Investigating Endogeneity Effects of Social Capital on Household Welfare in Nigeria: A Control Function Approach," Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 51(1), pages 1-24, February.
    3. Chiara Rollero & Angela Fedi & Norma Piccoli, 2016. "Gender or Occupational Status: What Counts More for Well-Being at Work?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(2), pages 467-480, September.
    4. Bengt Muthén & David Kaplan & Michael Hollis, 1987. "On structural equation modeling with data that are not missing completely at random," Psychometrika, Springer;The Psychometric Society, vol. 52(3), pages 431-462, September.
    5. Isabella Hatak & Haibo Zhou, 2021. "Health as Human Capital in Entrepreneurship: Individual, Extension, and Substitution Effects on Entrepreneurial Success," Entrepreneurship Theory and Practice, , vol. 45(1), pages 18-42, January.
    6. Amartya Sen, 2005. "Human Rights and Capabilities," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 6(2), pages 151-166.
    7. John F. Helliwell & Lara B. Aknin & Hugh Shiplett & Haifang Huang & Shun Wang, 2017. "Social Capital and Prosocial Behaviour as Sources of Well-Being," NBER Working Papers 23761, National Bureau of Economic Research, Inc.
    8. Narasimha D. Rao & Jihoon Min, 2018. "Decent Living Standards: Material Prerequisites for Human Wellbeing," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 138(1), pages 225-244, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cabane, Charlotte & Hille, Adrian & Lechner, Michael, 2015. "Mozart or Pelé? The effects of teenagers’ participation in music and sports," Economics Working Paper Series 1509, University of St. Gallen, School of Economics and Political Science.
    2. Deakin, S. & Koukiadaki, A., 2011. "Capability Theory, Employee Voice and Corporate Restructuring: Evidence from UK Case Studies," Working Papers wp429, Centre for Business Research, University of Cambridge.
    3. Bertoli, Simone & Dequiedt, Vianney & Zenou, Yves, 2016. "Can selective immigration policies reduce migrants' quality?," Journal of Development Economics, Elsevier, vol. 119(C), pages 100-109.
    4. Lea Cassar & Mira Fischer & Vanessa Valero, 2022. "Keep Calm and Carry On: Immediate-vs. Six-Month Effects of Mindfulness Training on Academic Performance," CESifo Working Paper Series 10099, CESifo.
    5. Steven Andrew Culpepper & Herman Aguinis & Justin L. Kern & Roger Millsap, 2019. "High-Stakes Testing Case Study: A Latent Variable Approach for Assessing Measurement and Prediction Invariance," Psychometrika, Springer;The Psychometric Society, vol. 84(1), pages 285-309, March.
    6. Antoinette Baujard & Muriel Gilardone, 2017. "Sen is not a capability theorist," Journal of Economic Methodology, Taylor & Francis Journals, vol. 24(1), pages 1-19, January.
    7. Hendrik Jürges & Luca Stella & Sameh Hallaq & Alexandra Schwarz, 2022. "Cohort at risk: long-term consequences of conflict for child school achievement," Journal of Population Economics, Springer;European Society for Population Economics, vol. 35(1), pages 1-43, January.
    8. Canton, César G., 2012. "Empowering People in the Business Frontline: The Ruggie’s Framework and the Capability Approach," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 23(2), pages 191-216.
    9. Lechner, Michael & Sari, Nazmi, 2015. "Labor market effects of sports and exercise: Evidence from Canadian panel data," Labour Economics, Elsevier, vol. 35(C), pages 1-15.
    10. Szabó-Morvai, Ágnes & Kiss, Hubert János, 2022. "Különböznek-e a roma és nem roma diákok nem kognitív képességeikben? [Do Roma and non-Roma students differ in their non-cognitive abilities?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1433-1456.
    11. Ilyess Karouni, 2022. "Thinking out stratification: the concept of subalternity," Review of Evolutionary Political Economy, Springer, vol. 3(3), pages 629-642, October.
    12. Estrellado, Emmanuel & Charoensilp, Pimmada & Yamada, Shoko, 2023. "The effects of game-based soft skills training: A quasi-experiment with Ethiopian garment workers," International Journal of Educational Development, Elsevier, vol. 101(C).
    13. Nataliya Kusa, 2018. "Should intra-familial time transfers be compensated financially?," MAGKS Papers on Economics 201802, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    14. David Deming & Lisa B. Kahn, 2018. "Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals," Journal of Labor Economics, University of Chicago Press, vol. 36(S1), pages 337-369.
    15. Ulriksen, Marianne S. & Plagerson, Sophie, 2014. "Social Protection: Rethinking Rights and Duties," World Development, Elsevier, vol. 64(C), pages 755-765.
    16. LaFave, Daniel & Thomas, Duncan, 2017. "Extended families and child well-being," Journal of Development Economics, Elsevier, vol. 126(C), pages 52-65.
    17. Fulvia Pennoni & Beata Bal-Domańska, 2022. "NEETs and Youth Unemployment: A Longitudinal Comparison Across European Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(2), pages 739-761, July.
    18. Tarun Jain & Abhiroop Mukhopadhyay & Nishith Prakash & Raghav Rakesh, 2022. "Science education and labor market outcomes in a developing economy," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 741-763, April.
    19. Martin van Hees, 2013. "Rights, goals, and capabilities," Politics, Philosophy & Economics, , vol. 12(3), pages 247-259, August.
    20. zu Ermgassen, Sophus & Drewniok, Michal & Bull, Joseph & Walker, Christine Corlet & Mancini, Mattia & Ryan-Collins, Josh & Serrenho, André Cabrera, 2022. "A home for all within planetary boundaries: pathways for meeting England’s housing needs without transgressing national climate and biodiversity goals," OSF Preprints 5kxce, Center for Open Science.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:qualqt:v:58:y:2024:i:4:d:10.1007_s11135-023-01794-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.