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Does Wal-Mart Reduce Social Capital?Art Cardenaffiliation not provided to SSRN Charles CourtemancheUniversity of North Carolina (UNC) at Greensboro - Department of Economics Jeremy MeinersWashington University in Saint Louis - Department of Economics October 10, 2007 Abstract: Social capital has attracted increasing attention in recent years. We use county-level and individual survey data to study how Wal-Mart affects social capital. Estimates using several proxies for social capital such as club membership, religious activity, time with friends, and other measures do not support the thesis that "Wal-Mart destroys communities" by reducing social capital. We measure exposure to Wal-Mart two ways: Wal-Marts per 10,000 residents and Wal-Marts per 10,000 residents aggregated over years since 1979 to capture a more cumulative "Wal-Mart Effect." We find that coefficients on Wal-Mart's presence are statistically insignificant in most specifications.
Number of Pages in PDF File: 50 Keywords: social capital, Wal-Mart, Walmart, social JEL Classification: A10, A13, D00, Z1 working papers seriesDate posted: June 22, 2007 ; Last revised: October 14, 2007Suggested CitationContact Information
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