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Conference
Social capital, institutions and economic performance in times of crisis

Date

Fri, 2014-10-24

The workshop "Social capital, institutions and economic performance in times of crisis" has been held at the Universitat de València, Facultat d’Economia, on October 24, 2014. The papers are now available on the Social Capital Gateway.

The interest in understanding the role of social capital on important issues such as institutional reliability, income disparities or economic development has witnessed a remarkable progress in recent times. The discussion gains momentum if we factor in the difficult economic scenario in many European economies and the varying levels of social capital present in each country. This workshop aimed to contribute to this topic by examining state-of-the-art contributions by scholars specialized in the broad field of social capital.

It is well known that one of the difficulties when evaluating the contributions of social capital is to properly define the concept. Scholars agree that social capital is a broad and multifaceted element that can be approached from different perspectives. Questions to be answered before starting any research initiative are related to i) the level of the analysis, i.e. national/regional, firm or individual level; ii) the choice of suitable measures of social capital; iii) the aspects on which to evaluate their effects, i.e. macroeconomic magnitudes, innovation processes or individual preferences, to name some topics on which previous evidence is available.

According to these arguments, the workshop was organized in three parts. The first one was devoted to present new methodologies that can be applied in the field of social capital. The second part dealt with the topic from a macroeconomic perspective, at both national and regional levels. Finally, the third part approached the concept from a more microeconomic perspective, focusing the analysis more tightly at the firm and individual level.
 

Coordinators

Emili Tortosa-Ausina, Universitat Jaume I and Ivie
Jesús Peiró-Palomino, Universitat Jaume I
 

Papers

Gaussian Process Regression with Bayesian Model Averaging: Possibilities for Social Capital
Jacob Dearmon, Oklahoma City University

Trust Us to Repay: Social Trust, Long-Term Interest Rates and Sovereign Credit Ratings
Christian Bjørnskov, Aarhus University
Co-author: Andreas Bergh, Lunds University and IFN

Social capital and economic growth in Europe: Nonlinear trends and heterogeneous regional effects
Jesús Peiró-Palomino, Universitat Jaume I and Emili Tortosa-Ausina, Universitat Jaume I and Ivie

Social Capital and Regional Development – Which Types of Social Capital Influence What?
Hans Westlund, KTH Royal Institute of Technology and Jönköping International Business School

Trust and social capital in the Internet age
Fabio Sabatini, Sapienza University of Rome
Co-author: Francesco Sarracino, STATEC
Download the presentation

Territory and social networks. Direct and interactive effects of brokerage activities on innovation in clustered firms
Xavier Molina-Morales and Luis Martínez Cháfer, Universitat Jaume I
Co-author: Bárbara Larrañeta Gómez-Caminero
 

Participants

Christian Bjørnskov, Aarhus University
Jacob Dearmon, Oklahoma City University
Luis Martínez Cháfer, Universitat Jaume I
Xavier Molina-Morales, Universitat Jaume I
Jesús Peiró-Palomino, Universitat Jaume I
Fabio Sabatini, Sapienza University of Rome
Emili Tortosa-Ausina, Universitat Jaume I and Ivie
Hans Westlund, KTH Royal Institute of Technology and Jönköping International Business School
 

Venue

Universitat de València. Facultat d’Economia
Sala Ignacio Villalonga (primera planta)
Avenida de los Naranjos, s/n
46022 Valencia

Organization

Instituto Valenciano de Investigaciones Económicas (IVIE)

The Ivie (The Valencian Institute of Economic Research) is a center devoted to developing, fostering and projecting economic research at a national and international level. To meet these objectives, the institute: Conducts studies and research related to areas of specific needs Creates...

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