Firm-level productivity growth returns of social capital: Evidence from Western Europe

IF 3.2 3区 经济学 Q1 ECONOMICS
Roberto Ganau, Andrés Rodríguez-Pose
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引用次数: 2

Abstract

We analyze the firm-level labor productivity growth returns of social capital—defined as a synthetic measure of “generalized trust,” “active participation,” and “social norms”—using a large sample of manufacturing firms in France, Germany, Italy, Portugal, and Spain. We find that firms' labor productivity growth is higher in areas with a better social capital endowment. The positive returns of social capital are, nevertheless, unevenly distributed across firms, with smaller, less productive, less capital-endowed, and low-tech firms benefitting the most from operating in strong social capital ecosystems.

企业层面的社会资本生产率增长回报:来自西欧的证据
我们利用法国、德国、意大利、葡萄牙和西班牙的制造业大样本,分析了企业层面的社会资本的劳动生产率增长回报(定义为“普遍信任”、“积极参与”和“社会规范”的综合衡量标准)。研究发现,社会资本禀赋越高的地区,企业劳动生产率增长越快。然而,社会资本的正回报在企业之间分布不均,规模较小、生产率较低、资本禀赋较少和技术含量较低的企业从强大的社会资本生态系统中获益最多。
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来源期刊
CiteScore
4.90
自引率
6.70%
发文量
54
期刊介绍: The Journal of Regional Science (JRS) publishes original analytical research at the intersection of economics and quantitative geography. Since 1958, the JRS has published leading contributions to urban and regional thought including rigorous methodological contributions and seminal theoretical pieces. The JRS is one of the most highly cited journals in urban and regional research, planning, geography, and the environment. The JRS publishes work that advances our understanding of the geographic dimensions of urban and regional economies, human settlements, and policies related to cities and regions.
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