HUMAN AND SOCIAL CAPITAL AS FACTORS OF INEQUALITIES IN ECONOMIC DEVELOPMENT OF EU COUNTRIES

Author(s):  
Iwona Skrodzka ◽  
Author(s):  
Iwona Skrodzka

The importance of human and social capital in the processes of growth and economic development has been broadly discussed in the literature. There are many theoretical models of economic growth considering human or social capital. However, there is still a shortage of empirical studies concerning the dependencies between these phenomena. The purpose of this study is to examine the role which human and social capital play in the processes of economic development in the European Union countries. Empirical analysis concerns the year 2015. Owing to the fact that neither of these categories is measurable, the research uses the soft modelling method. It allows users to examine links between variables which are not directly observable (latent variables). The conducted research has demonstrated that human capital as well as social capital had statistically significant, positive impact on the economic development of the EU countries. The obtained results also made it possible to create the rankings of the examined countries according to their stocks of human and social capital and the level of economic development.


2018 ◽  
Vol 4 (1) ◽  
pp. 39-46
Author(s):  
Muhammad Sibt-e- Ali ◽  
Imran Sharif Chaudhary ◽  
Fatima Farooq

This study examines the impact of human and social capital on economic development in Pakistan by employing empirical evidence from primary data analysis. The survey was conducted in Multan District based on the household concerning questionnaire. The results conclude that age, on job training, area of residence, public health units, and work experience have positive and significant impact on economic development, while norms of the society and gender have negative impact on economic development.  In other words, it is empirically evident from the analysis that human and social capital has strong impact on economic development.  Therefore, there is an ardent need to bring the sustainable changes in human and social capital for inclusive growth and economic development in Pakistan.


2014 ◽  
Vol 17 (4) ◽  
pp. 23-41 ◽  
Author(s):  
Barbara Dańska-Borsiak ◽  
Iwona Laskowska

As spatial diversity of economic development is one of the main problems of modern economies, researchers have attempted to define the conditions and factors influencing this phenomenon. Among others, two intangible factors are suggested: human capital and social capital (Herbst ed. 2007). The primary objective of this work is a spatial and spatio-temporal analysis of the diversification of human and social capital within the Polish NUTS 3 subregions. The two detailed targets are constructing composite indicator of both of the mentioned types of capital as well as examining spatial interactions between human capital, social capital and the GNP level per capita. The large diversification of human and social capital in the Polish subregions has been confirmed. Clusters of regions with low levels of human capital have been indicated, whereas in the case of social capital a grouping of its high values was observed. The research also confirmed the positive correlation between GNP per capita and human capital, with high values of both variables in the larget cities. Additionally, there are some subregions with high levels of economic development surrounded by low levels of human and social capital (Łódź, Szczecin, Wrocław). It is possible that high level of GNPpc in these regions was the incentive causing the relocation of human capital from the neighbouring regions. The correlation between GNPpc and social capital, where significant, is of the low-high type. These subregions are located in the east and south of Poland.


2012 ◽  
Vol 9 (3) ◽  
pp. 249-262 ◽  
Author(s):  
Mikolaj Stanek ◽  
Alberto Veira

Using the Spanish National Immigrant Survey (NIS-2007) we identify the ethnic niches where workers from five main immigrant communities concentrate. We then implement logit models in order to assess how structural factors and human and social capital variables affect the odds of working in these niches. We observe that the strong segmentation of the Spanish labour market strongly favours the concentration of immigrants in certain occupational niches. Nevertheless, variables related to human and social capital still play a significant role in the placement of immigrant workers in different niches, all of which are not equally attractive. 


2020 ◽  
Vol 16 (10) ◽  
pp. 1800-1816
Author(s):  
G.B. Kozyreva ◽  
T.V. Morozova ◽  
R.V. Belaya

Subject. The article provides considerations on the formation and development of a successful person model in the modern Russian society. Objectives. The study is an attempt to model a successful person in the Russian society, when the ideological subsystem of the institutional matrix is changing. Methods. The study relies upon the theory of institutional matrices by S. Kirdina, theories of human and social capital. We focus on the assumption viewing a person as a carrier of social capital, which conveys a success, socio-economic position, social status, civic activism, doing good to your family and the public, confidence in people and association with your region. The empirical framework comprises data of the sociological survey of the Russian population in 2018. The data were processed through the factor analysis. Results. We devised a model of a successful person in today's Russian society, which reveals that a success, first of all, depends on the economic wellbeing and has little relation to civic activism. The potential involvement (intention, possibility, preparedness) in the social and political life significantly dominates the real engagement of people. The success has a frail correlation with constituents of the social capital, such as confidence in people and doing good to the public. Conclusions and Relevance. Based on the socio-economic wellbeing, that is consumption, the existing model of a successful person proves to be ineffective. The sustainability of socio-economic wellbeing seriously contributes to the social disparity of opportunities, which drive a contemporary Russian to a success in life.


2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.


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