Does Social Capital Promote Industrialization? Evidence from a Rapid Industrializer
利用印度尼西亚274个地区的数据，检验社会资本对工业化的影响，发现初始社会资本并不能预测后续工业发展，质疑了社会资本促进经济增长的普遍观点。
A new stylized fact in development economics is the importance of social capital in promoting economic growth. This paper examines the effect of social capital on industrialization in Indonesia. We analyze a rich set of social capital and social interaction measures, including voluntary associational activity and levels of trust and informal cooperation. The main finding is that initial social capital does not predict subsequent industrial development across 274 Indonesian districts. Though these findings are for only a single nation and may not apply everywhere, they call into question recent claims regarding social capital and economic development. © 2005 President and Fellows of Harvard College and the Massachusetts Institute of Technology.