The production of social capital in US counties |
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| Affiliation: | 1. University of International Business and Economics, China;2. Sy Syms School of Business, Yeshiva University, United States;3. C. T. Bauer College of Business, University of Houston, Houston, TX 77204-6021, United States;4. Von Allmen School of Accountancy, University of Kentucky, United States;1. University of Leeds, United Kingdom;2. Norwegian School of Economics, Norway;3. Tsinghua University, China;1. Federal Reserve Board, Constitution Ave NW & 20th St NW, Washington, DC, United States;2. Department of Finance, Terry College of Business, University of Georgia, 437 Brooks Hall, Athens, GA 30602, United Statesn;1. Florida Atlantic University, College of Business, Boca Raton, FL 33431, United States;2. University of Missouri, Trulaske College of Business, Columbia, MO 65201, United States |
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| Abstract: | A growing belief exists that social capital contributes to economic growth of communities. In this paper, we identify inputs into the production of social capital at the level of US counties, using an array of individual and community factors that are theoretically important determinants of social capital. We use data from the Bureau of the Census, County Business Patterns, USA Counties on CD, National Center for Charitable Statistics, and the Regional Economic Information System for two time periods. Ethnic homogeneity, income inequality, attachment to place, education, age, and female labor force participation are strongly associated with levels of social capital across US counties. |
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