Determinants of Social Capital in Korea
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 35 No.2
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2022.05187 - 206 (20 pages)
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DOI : 10.22904/sje.2022.35.2.004
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This study investigates the determinants of social capital in Korea using the law compliance indicator as a measure of generalized trust. Unlike other measures for social capital, the compliance indicator has been compiled for each province in Korea. This novel feature allows for better identification strategies than the countrylevel data. With the panel data of 16 regions in Korea, we find that in the demographic factors, such as gender and age structure, the compliance indicator is low for males and the elderly. Among variables for economic activity, unemployment rate and per capita GRDP show statistically significant effects. Moreover, the causality tests between the compliance indicator and economic activity show bilateral directions as expected.
I. Introduction
II. Literature Review
III. Data and Methodology
IV. Results
V. Conclusion
References
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