Growiec, Jakub and Growiec, Katarzyna (2007): Social Capital, Well-Being, and Earnings: Theory and Evidence from Poland.
Download (378Kb) | Preview
We study the relationship between two distinct dimensions of social capital (bridging and bonding social capital) and the personal performances of individuals: their reported subjective well-being (SWB) and earnings. A theoretical model is put forward which explains the sources and dynamics of social capital formation. It predicts an inverse U-shaped relationship between any type of social capital and SWB, an inverse U-shaped relationship between bridging social capital and earnings, and an unambiguously negative impact of bonding social capital on earnings. The key predictions of the model are confirmed using cross-section survey data from the 2005 wave of the “Social Diagnosis” survey program conducted in Poland. Very low levels of bridging social capital observed in Poland imply that it is unambiguously beneficial to invest in it: both SWB of individuals and their earnings would increase in such case.
|Item Type:||MPRA Paper|
|Original Title:||Social Capital, Well-Being, and Earnings: Theory and Evidence from Poland|
|Keywords:||bridging social capital, bonding social capital, earnings, subjective well-being, Poland|
|Subjects:||D - Microeconomics > D1 - Household Behavior and Family Economics > D10 - General
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J20 - General
|Depositing User:||Jakub Growiec|
|Date Deposited:||09. Feb 2008 05:34|
|Last Modified:||12. Feb 2013 17:58|
 Beugelsdijk, S., S. Smulders (2003), “Bonding and Bridging Social Capital: Which Type is Good for Economic Growth?” [in:] W. Arts, L. Halman, J. Hagenaars (eds.) The Cultural Diversity of European Unity. Leiden: Brill, 147–184.
 Bian, Y. (1997), “Bridging Strong Ties Back in: Indirect Ties, Network Bridges, and Job Searches in China”, American Sociological Review 62, 366-385.
 Bourdieu, P., (1986), “The Forms of Capital” [w:] John C. Richardson (ed.), Handbook of Theory and Research of Sociology of Education. New York, Westport, Connecticut, London: Greenwood Press, 117-142.
 Bourdieu, P., L. Wacquant (1992), An Invitation to Reflexive Sociology, Chicago: University of Chicago Press.
 Cook, K., E.R.W. Rice, A. Gerbasi (2004), “The Emergence of Trust Networks under Uncertainty: The Case of Transitional Economies - Insights form Social Psychological Research” [in:] Kornai, J. B. Rothstein, S. Rose-Ackerman (eds.), Creating Social Trust in Post-Socialist Transition, Palgrave Macmillan, 193-212.
 Coleman, J. (1990), Foundations of Social Theory, Cambridge, Mass: Harvard University Press.
 Dasgupta, P. (2002), “Social Capital and Economic Performance: Analytics”. Mimeo, University of Cambridge.
 Diener, E., M.E.P. Seligman (2002), “Very Happy People. Research Report”, Psychological Science 13(1), 81-84.
 Domanski, H. (2005), “Determinants of Legitimization in Europe: an Empirical Analysis for 21 Countries”, Empiria. Revista de Metodologia de Ciencias Sociales 9 (I-VI), 61-88.
 Durlauf, S.N., M. Fafchamps (2004), “Social Capital,” NBER Working Paper 10485.
 Erickson, B. H. (1996), “Culture, Class, Connections”, American Journal of Sociology 102(1), 217-251.
 Erickson, B. H. (2003), “Social Networks: the Value of Variety”, Context 2(1), 25-31.
 Erickson, B. H. (2004), A Report on Measuring Social Capital in Weak Ties. A Report Prepared for the Policy Research Initiative, Ottawa, Canada.
 Granovetter, M. S. (1973), “The Strength of Weak Ties”, American Journal of Sociology, 78 (6), 1360–1380.
 Heckman, J., L.J. Lochner, P.E. Todd (2003), “Fifty Years of Mincer Earnings Regressions”, NBER Working Paper 9732.
 Helliwell, J. (2003), “How’s Life - Combining Individual and National Variables to Explain Subjective Well-Being”, Economic Modeling 20 (2), 331-360.
 Hurlbert, J.S., V.A. Haines, J.J. Beggs (2000), “Core Networks and Tie Activation: What Kinds of Routine Networks Allocate Resources in Nonroutine Situations?”, American Sociological Review 65, 598-618.
 Kaariainen, J., H. Lehtonen (2006), “The Variety of Social Capital in WelfareState Regimes - a Comparative Study of 21 Countries”, European Societies 8(1), 27-57.
 Lin, N. (2001) Social Capital. Cambridge: Cambridge University Press.
 Mincer, J. (1974) Schooling, Experience, and Earnings. New York: Columbia University Press.
 O’Brien, K.M., J. L. Quimby (2006), “Predictors of Well-Being Among Non-Traditional Female Students with Children”, Journal of Counseling and Development 84, 451-460.
 Putnam, R. (2000), Bowling Alone. Collapse and Revival of American Community. New York: Simon & Schuster.
 Putnam, R., R. Leonardi, R. Nanetti (1993), Making Democracy Work: Civic Traditions in Modern Italy, Princeton: Princeton University Press.
 Rose, R., (2000), “How Much Does Social Capital Add to Individual Health? A Survey Study of Russians”, Social Science and Medicine 51, 1421-1435.
 Wellman, B. S. (1990), “Different Strokes from Different Folks: Community Ties and Social Support”, American Journal of Sociology 96(3), 558-588.
 Whiteley, P.F. (2000), “Economic Growth and Social Capital”, Political Studies 48, 443–466.
 Wilson, W. (1967), “Correlates of Avowed Happiness”, Psychological Bulletin 67, 294-306.