Does education promote social capital? Evidence from IV analysis and nonparametric-bound analysis

This study uses the British National Child Development Study to examine the effect of educational attainment on social capital at the individual level. Social trust and membership of voluntary groups are considered as two basic indicators of social capital. We employ the IV analysis and nonparametri...

Full description

Saved in:
Bibliographic Details
Published inEmpirical economics Vol. 42; no. 3; pp. 1011 - 1034
Main Authors Huang, Jian, Maassen van den Brink, Henriëtte, Groot, Wim
Format Journal Article
LanguageEnglish
Published Berlin/Heidelberg Springer-Verlag 01.06.2012
Springer Nature B.V
Subjects
Analysis
Bildungschance
Child development
Econometrics
Economic growth
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Education
Educational attainment
Experiments
Finance
Großbritannien
Insurance
Kind
Management
Participation
Schätzung
Social capital
Society
Sozialkapital
Standard deviation
Statistics for Business
Studies
Trust
United Kingdom > UK
Instrumental variable
I2
Education
Nonparametric bound
Social capital
C14
Online AccessGet full text

Cover

More Information
Summary:This study uses the British National Child Development Study to examine the effect of educational attainment on social capital at the individual level. Social trust and membership of voluntary groups are considered as two basic indicators of social capital. We employ the IV analysis and nonparametric bound analysis to tackle the problem of education endogeneity. Both the approaches reveal that the OLS estimator of the educational effect suffers from an upward bias in the study of group membership. We do not observe any significant bias in the educational effect on social trust. Our empirical findings indicate that education has a positive influence in promoting social trust and membership of voluntary groups.
ISSN:0377-7332
1435-8921
1435-8921
DOI:10.1007/s00181-011-0450-7