Individual Social Capital and Subjective Wellbeing: The Relational Goods

José Atilano Pena-López, José Manuel Sánchez-Santos () and Matías Membiela-Pollán
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José Atilano Pena-López: University of A Coruña
José Manuel Sánchez-Santos: University of A Coruña
Matías Membiela-Pollán: University of A Coruña

Journal of Happiness Studies, 2017, vol. 18, issue 3, No 14, 901 pages

Abstract: Abstract In this paper we analyze the non-instrumental dimension of social capital and its effects on subjective well-being. In the first part, we define the characteristics of production and consumption of relational goods. The second section analyses the influence of the different expressions of relational goods and social capital on individual subjective well-being. In the third, we test the explanatory power of this variable on the Easterlin’s paradox using the results of a survey on individual social capital in Spain. The main findings from the empirical analysis for Spanish society allow us to strengthen the hypothesis. We found a weak explanatory capacity of income or educational level or instrumental dimensions of social capital (expert mobilization) while a strong link between expressions of relational goods (domestic mobilization, household stability, partnership, trust and security in the environment) was found.

Keywords: Individual social capital; Social capital; Relational goods; Easterlin’s paradox (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/s10902-016-9753-x

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