Social Capital: A Standard Method of Measurement

Lene Hjøllund and Gert Svendsen
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Lene Hjøllund: Department of Economics, Aarhus School of Business, Postal: Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark, http://www.asb.dk/EOK/NAT/NAT_employees.htm

No 00-9, Working Papers from University of Aarhus, Aarhus School of Business, Department of Economics

Abstract: The purpose of this paper is to suggest a standard method of measurement for social capital. Various

authors have investigated the influence of social capital on economic growth but still social capital has

not been measured in any satisfactory way. So far, each survey has used its own ad hoc methodology

due to the heterogeneity of the very definition of the concept of social capital. A consensus concerning

a standardized method of measurement, has not yet been reached. Based on the existing theoretical and

empirical approaches, we suggest the use of a questionnaire where the principal component analysis

should be applied as the most appropriate method of measurement.

Keywords: Social capital; Capitalism; Communism; Factor analysis; Principal component analysis; Questionnaire (search for similar items in EconPapers)
JEL-codes: A12 C71 D23 D70 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2000-12-15
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Citations: View citations in EconPapers (7)

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Working Paper: Social Capital: A Standard Method of Measurement (2000)
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