This paper presents a framework characterized by three definitions of social capital and a hypothesis of conceptual robustness that looks, first of all, at the results of empirical literature on social capital and economic outcomes, such as growth and formal institutions; and secondly, on a micro-econometric analysis of the accumulation of social capital variables conducted using the ISTAT’s (Italian Central Statistical Office) Multiscopo survey. The paper shows that repeated social interactions and social norms concepts are consistent with a hypothesis of conceptual robustness and that some potential instrumental variables, correlated with social capital accumulation and uncorrelated with household income are found, provides means to deal with Durlaufs’ econometric instrumental variables problem.
statistical matching, social capital, conceptual robustness
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