The goal of this paper is to determine the nature of the causal relationship between "social capital," as measured by household membership in formal and informal groups and household welfare in South Africa. Using a recently collected panel data set in South Africa's largest province, we estimate per capita expenditure functions and find a positive and significant impact of household-level soci...

This paper uses prefecture-level panel data from Japan, spanning the period 1989–2003, to examine the influence of social norms and fractionalization on voting behavior. The key findings obtained from analysis via the fixed effects estimation, which controls for unobserved prefecture-specific fixed effects, are as follows: (1) the voter turnout is higher in close-knit communities, indicating th...

This paper, using individual data from Japan, explores how the circumstances of where a person resides is related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found: (1) not only is the rate of homeowners in a locality positively related to investment in social capital, but also the rate of ...

This paper uses individual data from Japan to explore how the circumstances of where a person resides are related to the degree of their investment in social capital. 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 ...

........................................................................................... ix CHAPTER 1: Introduction............................................................................................. 1 Background............................................................................................. 1 Statement of the Problem........................................................

This paper is concerned with a comparison of the treatment of fixed capital in some multisectoral models. First the dynamic Leontief model is investigated. Scrutiny shows that this model suffers from conceptual misconceptions which are due to restrictive assumptions concerning full capacity production and transferability of capital in place and due to the definition of technical coefficients. W...