Assessing social capital and its impact on economic performance: A comparative study of members and non-members of farmer producer companies in India

Q1 Social Sciences

Problems and perspectives in management Pub Date : 2024-07-26 DOI:10.21511/ppm.22(3).2024.17

S. Malik, Dilip Kajale

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引用次数: 0

Abstract

Farmer producer companies (FPCs), modern farmer collectives registered under India’s Companies Act, play a crucial role in providing core services like input supply, marketing, technical, and financial support, as well as auxiliary services such as social capital and consultancy, which are linked to higher economic performance and innovation. The study analyzes the levels of social capital among members and non-members of FPCs and their relationship to the economic performance of their members. The data on social capital were collected from 20 FPCs (292 members and 77 non-members) from Maharashtra state of India. Unpaired student T-tests and Mann-Whitney tests were performed to compare the levels of social capital among the members and non-members. OLS regression was performed to understand the difference in social capital and its effect on economic performance. The results reveal that all the indicators of social capital were significantly higher for the members (Mean = 4.27) than for non-members (Mean = 3.14). The social capital indicators related to membership and participation in groups (p-value < 0.10) and the sharing of production and other information (p-value < 0.01) positively affected economic performance. Higher levels of education (p-value < 0.05) and frequent contact with members (p-value < 0.01) positively affected, whereas higher landholding (p-value < 0.10) and years of membership (p-value < 0.01) negatively affected the economic performance of members. As the Indian government plans to add 10,000 FPCs in the next three years, the strategy to increase the social capital of FPCs may enhance the overall resilience and sustainability of rural economies.

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评估社会资本及其对经济绩效的影响：印度农民生产者公司成员和非成员的比较研究

农民生产者公司（FPCs）是根据印度《公司法》注册的现代农民集体，在提供投入品供应、营销、技术和财务支持等核心服务以及社会资本和咨询等辅助服务方面发挥着至关重要的作用，这些服务与更高的经济绩效和创新息息相关。本研究分析了家庭促进中心成员和非成员的社会资本水平及其与成员经济绩效的关系。有关社会资本的数据收集自印度马哈拉施特拉邦的 20 个家庭促进中心（292 个成员和 77 个非成员）。对成员和非成员的社会资本水平进行了非配对学生 T 检验和 Mann-Whitney 检验。为了解社会资本的差异及其对经济绩效的影响，进行了 OLS 回归。结果显示，会员的所有社会资本指标（平均值 = 4.27）都明显高于非会员（平均值 = 3.14）。与加入和参与团体（p 值为 0.10）以及共享生产和其他信息（p 值为 0.01）有关的社会资本指标对经济绩效有积极影响。较高的教育水平（p-value < 0.05）和与成员的频繁接触（p-value < 0.01）对成员的经济表现有积极影响，而较高的土地占有量（p-value < 0.10）和成员年限（p-value < 0.01）对成员的经济表现有消极影响。由于印度政府计划在未来三年内增加 10,000 家家庭促进中心，增加家庭促进中心社会资本的战略可能会增强农村经济的整体韧性和可持续性。

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来源期刊

Problems and perspectives in management Social Sciences-Law

CiteScore

2.90

自引率

0.00%

发文量

152

审稿时长

11 weeks

期刊介绍： The purpose of the journal is coverage of different aspects of management and governance, such as international organizations and communities’ management, state and regional governance, company’s management, etc. The key aspects of planning, organization, motivation and control in various areas and in different countries are subject of the journal''s scope. The journal publishes articles, which are focused on existing and new methods, techniques and approaches in the field of management. It publishes contemporary and innovative researches, including theoretical and empirical research papers.