<p>This paper investigates the relationship between social capital and income inequality, focusing on a sample of European regions. The results show a negative association of social capital with income inequality. Furthermore, the role of each dimension of social capital is isolated and examined separately. The cognitive and relational dimensions of social capital are negatively associated with regional income inequality, while the so-called bonding concept of the structural dimension exerts an opposite effect. The findings are confirmed when inequality is instrumented with both the share of territory devoted to art activities and the share of land covered by forests as instrumental variables. These results remain consistent with alternative measures of income inequality.</p>

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The equalizing role of social capital: evidence from european regions

  • Francesco Colcerasa,
  • Fabio Pisani,
  • Maria Cristina Scarafile

摘要

This paper investigates the relationship between social capital and income inequality, focusing on a sample of European regions. The results show a negative association of social capital with income inequality. Furthermore, the role of each dimension of social capital is isolated and examined separately. The cognitive and relational dimensions of social capital are negatively associated with regional income inequality, while the so-called bonding concept of the structural dimension exerts an opposite effect. The findings are confirmed when inequality is instrumented with both the share of territory devoted to art activities and the share of land covered by forests as instrumental variables. These results remain consistent with alternative measures of income inequality.