Scandinavian Working Papers in Economics
Working Papers,
University of Aarhus, Aarhus School of Business, Department of Economics
No 00-9: Social Capital: A Standard Method of Measurement
Lene Hjøllund and Gert Tinggaard Svendsen ()
Additional contact information
Lene Hjøllund: Department of Economics, Aarhus School of Business, Postal: Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
Gert Tinggaard Svendsen: Department of Economics, Aarhus School of Business, Postal: Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
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
27 pages, December 15, 2000
Full text files
00-9_gts.pdf
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