[ Capital social et croissance économique : analyse empirique sur données de panel ]
Volume 2, Issue 1, June 2014, Pages 164–176
Chiraz Feki1 and Nouri Chtourou2
1 Département des Sciences Economiques, Faculté des Sciences Economiques et de Gestion, Université de Sfax, Tunisie
2 Département des Sciences Economiques, Faculté des Sciences Economiques et de Gestion, Université de Sfax, Tunisie
Original language: French
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This article analyzes the relationship between social capital and economic growth for a panel of developed and developing countries during the period 1990-2004, using static and dynamic panel data method and a simultaneous equations model. The main results of this study are, first, the level of social capital and growth are significantly and positively correlated, on the other hand, a high level of social capital as an indirect effect on economic activity through its effect on institutional development. The results support the fact that the improvement of the social infrastructure with high levels of trust and cooperation between individuals not only a direct but also an indirect effect on economic growth through the development of institutions in economy.
Author Keywords: Social capital, economic growth, institutional quality, panel data, GMM.
Volume 2, Issue 1, June 2014, Pages 164–176
Chiraz Feki1 and Nouri Chtourou2
1 Département des Sciences Economiques, Faculté des Sciences Economiques et de Gestion, Université de Sfax, Tunisie
2 Département des Sciences Economiques, Faculté des Sciences Economiques et de Gestion, Université de Sfax, Tunisie
Original language: French
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
This article analyzes the relationship between social capital and economic growth for a panel of developed and developing countries during the period 1990-2004, using static and dynamic panel data method and a simultaneous equations model. The main results of this study are, first, the level of social capital and growth are significantly and positively correlated, on the other hand, a high level of social capital as an indirect effect on economic activity through its effect on institutional development. The results support the fact that the improvement of the social infrastructure with high levels of trust and cooperation between individuals not only a direct but also an indirect effect on economic growth through the development of institutions in economy.
Author Keywords: Social capital, economic growth, institutional quality, panel data, GMM.
Abstract: (french)
Cet article analyse la relation entre le capital social et la croissance économique pour un panel de pays développés et en développement au cours de la période 1990-2004. Notre étude sera effectuée en utilisant la méthode des données de panel statique et dynamique, ainsi qu'un modèle à équations simultanées. Les principaux résultats de cette étude sont, d'abord, le niveau du capital social et la croissance sont significativement et positivement corrélés, d'autre part, un niveau élevé de capital social a aussi un effet indirect sur l'activité économique par son effet sur le développement institutionnel. Les résultats corroborent le fait que l'amélioration de l'infrastructure sociale à des niveaux élevés de confiance et de coopération entre les individus n'a pas seulement un effet direct, mais aussi un effet indirect sur la croissance économique par le développement des institutions dans l'économie.
Author Keywords: Capital social, croissance économique, qualité institutionnel, données de panel, MMG.
How to Cite this Article
Chiraz Feki and Nouri Chtourou, “Social capital and economic growth: empirical analysis of panel data,” International Journal of Innovation and Scientific Research, vol. 2, no. 1, pp. 164–176, June 2014.
