جستارهای اقتصادی (Sep 2006)
Effects of Bonding and Bridging Social Capital on Economic Growth of Iran's Provinces
Abstract
Social capital and its role in economic practice have remarkablyattracted economists all around the world. Despite of lots of studiesaround the topic, this field of study did not find a synthesis over theconcept of social capital. However, this is the correlation of socialcapital with economic growth which is in the focus of attention in thisresearch paper. What is the concept of social capital and how does itaffects economic growth are two questions which this research paperis intended to find answers for them. Therefore, two types of socialcapital are considered here; bonding and bridging social capital.Based on models of economic growth and applying data related toIranian values, attitudes and Iran's cultural behaviors, the impact ofthese two variables on economic growth of ٢٨ provinces of Iranthrough ٢٠٠٠ – ٢٠٠٣ has been evaluated. Applying OLS in thisresearch, it shows that there is an inverse relationship betweenbonding and bridging social capital. While bridging social capital hasfound positive and remarkable effect on economic growth, bondingsocial capital meet supposed indices with both positive and negativeeffect on economic growth.
