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Income, wealth, and socialization in Argentina : provocative responses from individuals

Author: Daniel Lederman; World Bank. Latin America and the Caribbean Regional Office. Office of the Chief Economist.
Publisher: Washington, D.C. : World Bank, Latin America and the Caribbean Region, Office of the Chief Economist, [2002]
Series: Policy research working papers, no. 2821.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
Lederman focuses on two objectives in his study: (1) to establish a baseline measurement of the level and geographic distribution of social capital in Argentina, and (2) to identify its empirical determinants. The study's survey questionnaire provides individual-level data on the population's participation in social organizations and willingness to trust members of its community. Probit models are estimated to  Read more...
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Genre/Form: Econometric models
Additional Physical Format: Print version:
Lederman, Daniel, 1968-
Income, wealth, and socialization in Argentina.
Washington, D.C. : World Bank, Latin America and the Caribbean Region, Office of the Chief Economist, [2002]
(OCoLC)49934655
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Daniel Lederman; World Bank. Latin America and the Caribbean Regional Office. Office of the Chief Economist.
OCLC Number: 646878051
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (51 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Policy research working papers, no. 2821.
Responsibility: Daniel Lederman.

Abstract:

Lederman focuses on two objectives in his study: (1) to establish a baseline measurement of the level and geographic distribution of social capital in Argentina, and (2) to identify its empirical determinants. The study's survey questionnaire provides individual-level data on the population's participation in social organizations and willingness to trust members of its community. Probit models are estimated to explain the individual's decision to participate and to trust strangers, and individual-household and community characteristics are used as explanatory variables. Potential simultaneity and endogeneity problems afflicting the empirical models are examined. The main determinants of the probability of participation in Argentina are age, age squared, household income (and perhaps income squared), rural communities (perhaps due to lower probabilities of migration among rural residents since most migrants live in urban centers), community or provincial unemployment rates, and individual trust. In contrast, the main determinants of trust are age and age squared (but with opposite signs to those exhibited by probability of participation), household wealth (but not its squared term nor household income), participation (as shown by the Seemingly Unrelated Regressions Probit results on the cross-correlation between the two social capital models), and community or provincial unemployment rates and income inequality. It is noteworthy that the common question on trust used in the U.S. General Social Survey and in the World Values Survey yields results whereby communities with higher "trust" rates actually have lower social participation rates. Finally, participation in organizations with participatory leadership selection mechanisms are more likely to produce interpersonal trust than other forms of participation. This paper--a product of the Office of the Chief Economist, Latin America and the Caribbean Region--is part of a larger effort in the region to understand the causes and consequences of social capital. The author may be contacted at dlederman@worldbank.org.

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