Firm-level productivity growth returns of social capital: Evidence from Western Europe

Ganau, Roberto; Rodríguez-Pose, Andrés

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%T Firm-level productivity growth returns of social capital: Evidence from Western Europe
%A Ganau, Roberto
%A Rodríguez-Pose, Andrés
%J Journal of Regional Science
%N 3
%P 529-551
%V 63
%D 2023
%K firm labor productivity growth; manufacturing industry; European Values Study 2008: Integrated Dataset (EVS 2008) (ZA4800)
%@ 1467-9787
%~ FDB
%> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-100672-3
%X We analyze the firm-level labor productivity growth returns of social capital - defined as a synthetic measure of "generalized trust", "active participation", and "social norms" - using a large sample of manufacturing firms in France, Germany, Italy, Portugal, and Spain. We find that firms' labor productivity growth is higher in areas with a better social capital endowment. The positive returns of social capital are, nevertheless, unevenly distributed across firms, with smaller, less productive, less capital-endowed, and low-tech firms benefitting the most from operating in strong social capital ecosystems.
%C GBR
%G en
%9 Zeitschriftenartikel
%W GESIS - http://www.gesis.org
%~ SSOAR - http://www.ssoar.info