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Social capital: reviewing the concept and its policy implications

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  • Productivity Commission

Abstract

There is scope for Governments to take more account of social capital in policy development, according to this Commission study. This paper suggests that social capital generally brings social and economic benefits by reducing transaction costs, promoting cooperative behaviour, diffusing knowledge and innovations, and enhancing personal well-being.

Suggested Citation

  • Productivity Commission, 2003. "Social capital: reviewing the concept and its policy implications," Public Economics 0307001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwppe:0307001
    Note: Type of Document - PDF; prepared on IBM PC; to print on HP;
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/pe/papers/0307/0307001.pdf
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    Citations

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    Cited by:

    1. Wolz, Axel & Fritzsch, Jana & Pencakova, Jitka, 2006. "Social Capital Among Agricultural Producers In The Czech Republic: Its Impact On Economic Performance," IAMO Discussion Papers 91965, Institute of Agricultural Development in Transition Economies (IAMO).
    2. Wolz, Axel & Fritzsch, Jana & Reinsberg, Klaus, 2005. "The Impact of Social Capital on Farm and Household Income: Results of a Survey among Individual Farmers in Poland," 94th Seminar, April 9-10, 2005, Ashford, UK 24442, European Association of Agricultural Economists.
    3. Kasarjyan, Milada, 2011. "Improving the functioning of the rural financial markets of Armenia," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 62, number 62, September.
    4. Traikova, Diana & Mollers, Judith & Fritzsch, Jana & Buchenrieder, Gertrud, 2007. "Some Conceptional Thoughts on the Impact of Social Networks on Non-farm Rural Employment," 104th Seminar, September 5-8, 2007, Budapest, Hungary 7801, European Association of Agricultural Economists.
    5. Wolz, A. & Fritzsch, J. & Pencáková, J., 2007. "Structural Social Capital and Economic Performance: Findings of Empirical Farm Data in the Czech Republic," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 42, March.
    6. Kłoczko-Gajewska Anna, 2020. "Long-Term Impact of Closing Rural Schools on Local Social Capital: A Multiple-Case Study from Poland," European Countryside, Sciendo, vol. 12(4), pages 598-617, December.
    7. Pablo Brañas‐Garza & Máximo Rossi & Dayna Zaclicever, 2009. "Individual's Religiosity Enhances Trust: Latin American Evidence for the Puzzle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2‐3), pages 555-566, March.
    8. Rob A. Cramb, 2005. "Social capital and soil conservation: evidence from the Philippines," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(2), pages 211-226, June.
    9. Bixler R. Patrick & Springer David W., 2018. "Nonprofit Social Capital as an Indicator of a Healthy Nonprofit Sector," Nonprofit Policy Forum, De Gruyter, vol. 9(3), pages 1-8, October.
    10. Harris, Michael & Pearson, Leonie J., 2004. "Using 'Inclusive Wealth' to Measure and Model Sustainable Development in Australia: A working example," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58457, Australian Agricultural and Resource Economics Society.
    11. Marquardt, Doris, 2013. "Decades of practical experience and network theory," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(1), pages 27-45.
    12. Islam, M. Kamrul & Gerdtham, Ulf-G. & Gullberg, Bo & Lindström, Martin & Merlo, Juan, 2008. "Social capital externalities and mortality in Sweden," Economics & Human Biology, Elsevier, vol. 6(1), pages 19-42, March.
    13. Skinner, James & Zakus, Dwight H. & Cowell, Jacqui, 2008. "Development through Sport: Building Social Capital in Disadvantaged Communities," Sport Management Review, Elsevier, vol. 11(3), pages 253-275, November.
    14. repec:zbw:iamodp:91965 is not listed on IDEAS
    15. Ambra Poggi & Giulia Bizzotto & Francesco Devicienti & Patrik Vesan & Claudia Villosio, 2011. "Quality of Life in Europe: Empirical evidence," LABORatorio R. Revelli Working Papers Series 107, LABORatorio R. Revelli, Centre for Employment Studies.
    16. LIU Yang, 2015. "The Role of Individual Social Capital in Wage Determination: Evidence from China," Discussion papers 15133, Research Institute of Economy, Trade and Industry (RIETI).
    17. Cramb, Rob A., 2004. "Social capital and soil conservation: evidence from the Philippines," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58398, Australian Agricultural and Resource Economics Society.
    18. Keiko Sasaki & Tomohiro Ichinose, 2022. "The Impact of the COVID-19 Pandemic on the General Public in Urban and Rural Areas in Southern Japan," Sustainability, MDPI, vol. 14(4), pages 1-17, February.
    19. Productivity Commission, 2009. "Restrictions on the Parallel Importation of Books," Research Reports, Productivity Commission, Government of Australia, number 34.
    20. Tessa Brannan & Peter John & Gerry Stoker, 2006. "Active Citizenship and Effective Public Services and Programmes: How Can We Know What Really Works?," Urban Studies, Urban Studies Journal Limited, vol. 43(5-6), pages 993-1008, May.
    21. Predo, Canesio D. & Menz, Kenneth, 2017. "The Relationship Between Social Capital and Farm Household Consumption Expenditure in Conflict-Vulnerable Areas of Mindanao," Journal of Economics, Management & Agricultural Development, Journal of Economics, Management & Agricultural Development (JEMAD), vol. 3(2), December.
    22. Siahpush, Mohammad & Borland, Ron & Taylor, Janet & Singh, Gopal K. & Ansari, Zahid & Serraglio, Adrian, 2006. "The association of smoking with perception of income inequality, relative material well-being, and social capital," Social Science & Medicine, Elsevier, vol. 63(11), pages 2801-2812, December.

    More about this item

    Keywords

    social capital - social policy - cohesion -norms - networks - trust;

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • H - Public Economics

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