Toward a Theory of Social Capital

Revista de Economia Institucional, Vol. 4, No. 6, 2002

38 Pages Posted: 2 May 2005

Abstract

In the last decade, the concept of social capital has been widely accepted by academics, advisors and government officials, who have attributed to it virtuous effects on economic and social development. However, theoretical and applied literature gives many different meanings to the concept of social capital, leading to methodological difficulties. Thus, the concept of social capital is merely the entrance to a theoretical structure under construction, whose components and 'materials' come from different approaches. From a mainstream economics approach, the New Institutionalism offers important elements for the construction of this theory.

Note: The Downloadable document is in Spanish.

Keywords: Social capital, economic development, New Institutionalism, social organization

JEL Classification: B52, D24, O15

Suggested Citation

Vargas, Gonzalo A, Toward a Theory of Social Capital. Revista de Economia Institucional, Vol. 4, No. 6, 2002. Available at SSRN: https://ssrn.com/abstract=704624

Gonzalo A Vargas (Contact Author)

Universidad de los Andes (CIDER) ( email )

Carrera Primera # 18A-12
Bogota, DC D.C. 110311
Colombia

HOME PAGE: http://govargas.uniandes.edu.co

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