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Social Preferences, Public Good Provision, Social Capital and Positional Concerns: Empirical Evidence from the South Caucasus

Armenak Antinyan, Vardan Baghdasaryan () and Aleksandr Grigoryan ()

CERGE-EI Working Papers from The Center for Economic Research and Graduate Education - Economics Institute, Prague

Abstract: This paper aims to study the impact of positional concerns on an understudied set of policy-relevant variables: social preferences, public good provision, and social capital. We utilize data from the “Caucasus Barometer” survey administered in three post-Soviet transition economies: Armenia, Azerbaijan, and Georgia. Controlling for absolute income and other individual and household characteristics, we find that the relative deprivation of a household has negative impacts on its members’ social preferences, public good provision, and social capital. In contrast, relative advantage has only positive influences on the variables of interest (if any).

Keywords: positional concern; social capital; social preferences; public good; reference group (search for similar items in EconPapers)
JEL-codes: D60 D63 P30 Z13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-soc and nep-tra
Date: 2018-09
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