Abstract
ABSTRACTThis paper focuses on the interactions between social capital and production structure in their relation with regional inequality. Combining survey data with available regional databases for the EU-15, it provides a panel data analysis of multidimensional inequalities based on the idea that social capital is a fundamental factor determining its regional levels, along with the economic specialization of regions. Results confirm an inverse relation between inequality and social capital. At the same time, they highlight the positive impact of production clusters on the regional environment. Findings suggest that the joint effect of predictors is ambiguous, and may so be dependent on the different sorts of local specialization and social capital endowment.
Highlights
This paper contributes to the debate on regional disparities, and how they can possibly be reduced
This paper focuses on the interactions between social capital and production structure in their relation with regional inequality
Combining survey data with available regional databases for the EU-15, it provides a panel data analysis of multidimensional inequalities based on the idea that social capital is a fundamental factor determining its regional levels, along with the economic specialization of regions
Summary
This paper contributes to the debate on regional disparities, and how they can possibly be reduced Drawing upon both economic and sociological literature, it provides a multidimensional study of the role of social capital in the socioeconomic dynamics of regions. Jacobs externalities from the studies developed by the American urbanist Jane Jacobs (Jacobs, 1969), these are related to the proximity of firms from different industries, and the knowledge spillovers promoting innovation and growth, which their variety facilitates. They differ from the classic Marshall–Arrow–Romer (MAR) externalities because these focus on the proximity of firms from common industries. The only ESS wave reporting such detail, distinguishing 10 sorts of voluntary organizations, is that from 2002
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