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The Value of Trust: An Analysis of Social Capital in Natural Areas

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  • Luis Galindo-Pérez-de-Azpillaga
  • Concepción Foronda-Robles
  • Ana García-López

Abstract

This paper defines and analyses the characteristics of social trust that develop in natural areas, examining the connections and interactions between the people and institutions involved. It offers a deeper understanding of the different degrees of trust and the identification of those attributes that affect the generation of this trust at three different levels: strategic, normative and cognitive. The study of the value of trust allows, or at least contributes to, an understanding of different levels of development. The study population consists of local associations, as a sample of existing social structures, and is taken from two areas in Andalusia, Spain. From the application of the proposed method a null hypothesis for the runs and Mann–Whitney tests is accepted at the three levels of trust for both areas. For strategic and cognitive trust, the behaviours of both areas are homogenous, while in the case of normative trust for the Chi square test the alternative hypothesis is accepted. The methodology that is developed demonstrates the interest presented by trust as a study variable in research dealing with social capital and its direct influence on the development of territories. Trust should be considered alongside physical, natural and human capital, since none of these alone is sufficient for complete territorial development. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Luis Galindo-Pérez-de-Azpillaga & Concepción Foronda-Robles & Ana García-López, 2014. "The Value of Trust: An Analysis of Social Capital in Natural Areas," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(2), pages 673-694, September.
    • Handle: RePEc:spr:soinre:v:118:y:2014:i:2:p:673-694
    DOI: 10.1007/s11205-013-0427-3
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    References listed on IDEAS

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    1. Yujiro Hayami, 2009. "Social Capital, Human Capital and the Community Mechanism: Toward a Conceptual Framework for Economists," Journal of Development Studies, Taylor & Francis Journals, vol. 45(1), pages 96-123.
    2. Marcel Fafchamps, 2006. "Development and social capital," Journal of Development Studies, Taylor & Francis Journals, vol. 42(7), pages 1180-1198.
    3. Smith, Delmonize A. & Lohrke, Franz T., 2008. "Entrepreneurial network development: Trusting in the process," Journal of Business Research, Elsevier, vol. 61(4), pages 315-322, April.
    4. Jean-Marc Callois & Francis Aubert, 2007. "Towards Indicators of Social Capital for Regional Development Issues: The Case of French Rural Areas," Regional Studies, Taylor & Francis Journals, vol. 41(6), pages 809-821.
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    Cited by:

    1. Concepción Foronda-Robles & Luis Galindo-Pérez-de-Azpillaga, 2016. "From initial dissemination to consolidated impact: the concept of crisis in the field of tourism," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(1), pages 261-281, October.
    2. Michaela Carni & Tamar Gur & Yossi Maaravi, 2024. "Entrepreneurs’ Social Capital in Overcoming Business Challenges: Case Studies of Seven Greentech, Climate Tech and Agritech Startups," Sustainability, MDPI, vol. 16(19), pages 1-26, September.
    3. Foronda-Robles, C. & Galindo-Pérez-de-Azpillaga, L., 2021. "Territorial intelligence in rural areas: The digitization of non-profit associations through social media," Technology in Society, Elsevier, vol. 64(C).

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