Scandinavian Working Papers in Economics

Institute for Futures Studies

No 2009:8: Socialt kapital och karteller

Torbjörn Lundqvist ()
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Torbjörn Lundqvist: Institute for Futures Studies, Postal: Institute for Futures Studies, Box 591, SE-101 31 Stockholm, Sweden

Abstract: This study discusses social capital and related concepts that can be useful when analysing cartels. Different types of definitions of social capital are discussed. It is concluded that organisations can generate social capital which results in increased ability to cooperate in efficient ways. Organised social capital can lead to confidence, facilitating cooperation when trust is not enough. The empirical case discussed in the paper is cartel formation in Swedish brewing industry. This study confirms many results indicated in different case studies: the importance of organisation, leadership, control apparatus, industry specific circumstances, and that cartel success often is preceded by failures. The brewing case is used in the theoretical discussion of social capital. The societal context of this study is the stricter cartel policy since the 1990s. A hypothetical construction of four phases for 1870-2009 is made, based on institutional environment and possibilities for cartels to cooperate efficiently.

Keywords: Social capital; Cartels; Swedish brewing industry; Cartel policy; Institutional environment

JEL-codes: A14; N40; N80

19 pages, May 20, 2009

Price: 25 SEK

Note: ISSN: 1652-120X; ISBN: 978-91-85619-47-4

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