How do neighbors influence investment in social capital? : Homeownership and length of residence.

Yamamura, Eiji (2009): How do neighbors influence investment in social capital? : Homeownership and length of residence.

Abstract

This paper explores how the circumstances of where a person resides is related to the degree of their investment in social capital using individual data from Japan. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found; (1) Not only that homeownership and length of residence are positively related to investment in social capital, but also that rates of homeowners and long-time residents in a locality increase in individual’s investments in social capital. (2) The effects of local neighborhood homeownership and local length of residence are distinctly larger than that of an individual’s.

• Item Type: MPRA Paper
• Language: English
• Keywords: Social Capital, homeownership, length of residence
• 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

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