Yamamura, Eiji (2009): Comparison of the effects of homeownership by individuals and their neighbors on social capital formation: Evidence from Japanese General Social Surveys.
Download (344Kb) | Preview
This paper, using individual data from Japan, explores how the circumstances of where a person resides is related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found: (1) Not only is the rate of homeowners in a locality positively related to investment in social capital, but the rate of homeownership there increases an individual’s investment in social capital. (2) The effect of local neighborhood homeownership is distinctly larger than that of an individual’s when endogeneity bias is controlled for using instruments such as land price and the rental price of an apartment.
|Item Type:||MPRA Paper|
|Original Title:||Comparison of the effects of homeownership by individuals and their neighbors on social capital formation: Evidence from Japanese General Social Surveys.|
|Keywords:||Social Capital, Rate of homeowner|
|Subjects:||D - Microeconomics > D7 - Analysis of Collective Decision-Making > D71 - Social Choice; Clubs; Committees; Associations
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R2 - Household Analysis > R23 - Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
|Depositing User:||eiji yamamura|
|Date Deposited:||22. Dec 2009 07:21|
|Last Modified:||13. Feb 2013 07:08|
Alesina, A., LaFerrara, E (2000). Participation in heterogeneous communities. Quarterly Journal of Economics 115(3): 847-904.
Ames, W.L. (1981). Police and community in Japan. Berkeley: University of California Press.
Benabou, R., Tirole, J. (2006). Incentives and prosocial behavior. American Economic Review 96(5): 1654-1678.
Benedict, R. (1946). The chrysanthemum and the sword: Pattern of Japanese culture. Boston: Houghton-Mifflin.
DiPasquale D, Glaeser E.L (1999). Incentives and social capital: Are homeowners better citizens?. Journal of Urban Economics 45(2): 354-384.
Durlauf, S.N. (2002a).Bowling alone: a review essay. Journal of Economic Behavior and Organization, 47, 259-273.
Durlauf, S.N. (2002b). On the empirics of social capital. Economic Journal, 112, F459-F479.
Fukuyama, F. (1995). Trust: The Social Virtues and Creation of Prosperity. London: Hamish Hamilton.
Ginsburg, T., Hoetker, G. 2006. The unreluctant litigant? An empirical analysis of Japan’s turn to litigation. Journal of Legal Studies 35: 31-59.
Glaeser EL, Laibson D, Sacerdote B (2002). An economic approach to social capital. Economic Journal 112: 437-458.
Glaeser EL, Redlick C (2008). Social capital and urban growth. NBER working paper No, 14374.
Greif, A. (1993). Contract enforcibility and economic institutions in early trade: the Maghribi traders’ coalition. American Economic Review 83: 525-548.
Haley, J. (1978). The myth of the reluctant litigant. Journal of Japanese Studies 4: 359-390.
Hayami, Y (2001). Development economics: From the poverty to the wealth of nations. Oxford University Press: New York.
Hilber C.A.L (2007). New housing supply and the dilution of social capital. MPRA Paper No 5134, University Library of Munich, Germany.
Huck, S., Kosfeld, M. 2007. The dynamics of neighbourhood watch and norm enforcement. Economic Journal 117: 270-286.
Index Corporation. (2006). Chiiki toukei 2006 (CD-ROM edition), Tokyo: Index corporation.
Kan,K (2007). Residential mobility and social capital. Journal of Urban Economics 61(3): 436-457.
Kandori, M. (1992). Social norm and community enforcement. Review of Economic Studies 59: 63-80.
Kawachi, I., Kennedy, B .P., Lochner, K., Prothrow-stith, D. (1997). Social capital, income inequality, and mortality. American Journal of Public Health 87:1491-1498.
Kawachi, I., Kennedy, B .P., Lochner, K., Glass, R. (1999). Social capital and self-related health: a contextual analysis. American Journal of Public Health 89: 1187-1193.
Kawashima, T. (1963). Dispute Resolution in Contemporary Japan. Law in Japan: The Legal Order in a Changing Society, edited by Arthur von Mehren. Cambridge: Harvard University Press.
Kilkenny M (2006). Social capital in the knowledge economy: Theory and empirics. Springer-Verlag, Heidelberg.
Paldam, M. (2000). Social capital: one or many? Definition and measurement. Journal of Economic Survey, 14, 629-653.
Putnam, RD (2000). Bowling alone: The collapse and revival of American community. A Touchstone Book: New York.
Ramseyer, J.M. (1988). Reluctant litigant revisited: Rationality and disputes in Japan. Journal of Japanese Studies 14: 111-123.
Ramseyer, J.M., Nakazato, M. (1989). The rational litigant: settlement amounts and verdict rates in Japan. Journal of Legal Studies 18: 263-290.
Ramseyer, J.M., Nakazato, M. (1999). Japanese Law: An Economic Approach, Chicago University Press.
Westlund H. (2007). Social capital, networks and economic development: An analysis of regional productive systems. Edward Elgar, Cheltenham.
Yamagishi, T. (1988 a).Exit for the group as an individualistic solution to the free rider problem in the United States and Japan. Journal of Experimental Social Psychology 24: 530-542.
Yamagishi, T. (1988 b). The provision of a sanctioning system in the United States and Japan. Social Psychology Quarterly 51: 265-271.
Yamagishi, T., Cook, K.S., Watabe, M. (1998). Uncertainty, trust, and commitment formation in the United States and Japan. American Journal of Sociology 104: 165-194.
Yamagishi, T., Yamagishi, M. (1994). Trust and commitment in the United States and Japan. Motivation and Emotion 18: 129-166.
Yamamura, E (2008 a). Diffusion of home computers and social networks: a study using Japanese panel data. Applied Economics Letters 15(15): 1231-1235.
Yamamura, E (2008 b). The effects of inequality, fragmentation, and social capital on collective action in a homogeneous society: Analyzing responses to the 2005 Japan Census. Journal of Socio-economics 37: 2054-2058.
Yamamura, E (2008 c). The market for lawyers and social capital: Are informal rules a substitute for formal ones? Review of Law & Economics 4 (1): Article 23.
Yamamura, E. (2008 d). Learning effect and social capital: A case study of natural disaster from Japan. MPRA Paper 10249, University Library of Munich, Germany).
Yamamura, E. (2008 e). Effects of social norms and fractionalization on voting behavior in Japan. MPRA paper 10163. University Library of Munich, Germany.
Yamamura, E (2009 a). Dynamics of social trust and human capital in the learning process: The case of the Japan garment cluster in the period 1968-2005. Journal of Economic Behavior and Organization 72(1): 377-389.
Yamamura, E. (2009 b). Impact of formal and informal deterrents on crime. Journal of Socio-economics 38(4): 611-621.