Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals

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...

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Main Author: Lederman, Daniel
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2002/04/1758951/income-wealth-socialization-argentina-provocative-responses-individuals
http://hdl.handle.net/10986/14318
id okr-10986-14318
recordtype oai_dc
spelling okr-10986-143182021-04-23T14:03:20Z Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals Lederman, Daniel SOCIALIZATION SOCIAL CAPITAL SOCIAL PARTICIPATION TRUST (PSYCHOLOGY) HOUSEHOLD INCOME RURAL COMMUNITIES UNEMPLOYMENT RATES HOUSEHOLD WELFARE INDICATORS INCOME LEVELS ORGANIZATIONAL BEHAVIOR SOCIAL PARTICIPATION AGGREGATE LEVEL COMMUNITIES COMMUNITY CHARACTERISTICS COMMUNITY INCOME COMMUNITY LEVEL COMMUNITY MEMBERS DECISION MAKING DEVELOPED COUNTRIES DEVELOPING COUNTRIES ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMIC BENEFITS ECONOMIC CHARACTERISTICS ECONOMIC GROWTH ECONOMICS LITERATURE ECONOMISTS EDUCATION LEVEL EMPLOYMENT STATUS ETHNIC DIVERSITY EXTERNALITIES GOVERNMENT REGULATION HOUSEHOLD CHARACTERISTICS HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD WEALTH HUMAN CAPITAL INCOME LEVEL INDIVIDUAL LEVEL INSTITUTIONAL ARRANGEMENTS LABOR MARKET MARKET FAILURES MEASURING SOCIAL CAPITAL NEGATIVE EXTERNALITIES OPPORTUNITY COST PHYSICAL CAPITAL POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY RESEARCH POSITIVE EXTERNALITIES PRODUCTIVITY INCREASES PUBLIC INSTITUTIONS PUBLIC SERVICES QUANTITATIVE ANALYSIS RECIPROCITY REPRESENTATIVE SAMPLE RURAL AREAS RURAL COMMUNITIES RURAL HOUSEHOLDS RURAL RESIDENTS SAMPLE SIZE SELECTION MECHANISMS SOCIAL BEHAVIOR SOCIAL CAPITAL SOCIAL GROUPS SOCIAL INTERACTIONS SOCIAL NETWORKS SOCIAL ORGANIZATIONS SOCIAL POLICIES SOCIAL SCIENTISTS SOCIAL STATUS SURVEY QUESTIONNAIRE UNEMPLOYMENT UNEMPLOYMENT RATES URBAN CENTERS URBAN COMMUNITIES UTILITY FUNCTION WEALTH WEALTH INDEX WELFARE ECONOMICS 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. 2013-07-01T19:21:32Z 2013-07-01T19:21:32Z 2002-04 http://documents.worldbank.org/curated/en/2002/04/1758951/income-wealth-socialization-argentina-provocative-responses-individuals http://hdl.handle.net/10986/14318 English en_US Policy Research Working Paper;No.2821 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic SOCIALIZATION
SOCIAL CAPITAL
SOCIAL PARTICIPATION
TRUST (PSYCHOLOGY)
HOUSEHOLD INCOME
RURAL COMMUNITIES
UNEMPLOYMENT RATES
HOUSEHOLD WELFARE INDICATORS
INCOME LEVELS
ORGANIZATIONAL BEHAVIOR
SOCIAL PARTICIPATION AGGREGATE LEVEL
COMMUNITIES
COMMUNITY CHARACTERISTICS
COMMUNITY INCOME
COMMUNITY LEVEL
COMMUNITY MEMBERS
DECISION MAKING
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ECONOMETRIC ANALYSIS
ECONOMETRIC MODELS
ECONOMIC BENEFITS
ECONOMIC CHARACTERISTICS
ECONOMIC GROWTH
ECONOMICS LITERATURE
ECONOMISTS
EDUCATION LEVEL
EMPLOYMENT STATUS
ETHNIC DIVERSITY
EXTERNALITIES
GOVERNMENT REGULATION
HOUSEHOLD CHARACTERISTICS
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WEALTH
HUMAN CAPITAL
INCOME LEVEL
INDIVIDUAL LEVEL
INSTITUTIONAL ARRANGEMENTS
LABOR MARKET
MARKET FAILURES
MEASURING SOCIAL CAPITAL
NEGATIVE EXTERNALITIES
OPPORTUNITY COST
PHYSICAL CAPITAL
POLICY DISCUSSIONS
POLICY IMPLICATIONS
POLICY RESEARCH
POSITIVE EXTERNALITIES
PRODUCTIVITY INCREASES
PUBLIC INSTITUTIONS
PUBLIC SERVICES
QUANTITATIVE ANALYSIS
RECIPROCITY
REPRESENTATIVE SAMPLE
RURAL AREAS
RURAL COMMUNITIES
RURAL HOUSEHOLDS
RURAL RESIDENTS
SAMPLE SIZE
SELECTION MECHANISMS
SOCIAL BEHAVIOR
SOCIAL CAPITAL
SOCIAL GROUPS
SOCIAL INTERACTIONS
SOCIAL NETWORKS
SOCIAL ORGANIZATIONS
SOCIAL POLICIES
SOCIAL SCIENTISTS
SOCIAL STATUS
SURVEY QUESTIONNAIRE
UNEMPLOYMENT
UNEMPLOYMENT RATES
URBAN CENTERS
URBAN COMMUNITIES
UTILITY FUNCTION
WEALTH
WEALTH INDEX
WELFARE ECONOMICS
spellingShingle SOCIALIZATION
SOCIAL CAPITAL
SOCIAL PARTICIPATION
TRUST (PSYCHOLOGY)
HOUSEHOLD INCOME
RURAL COMMUNITIES
UNEMPLOYMENT RATES
HOUSEHOLD WELFARE INDICATORS
INCOME LEVELS
ORGANIZATIONAL BEHAVIOR
SOCIAL PARTICIPATION AGGREGATE LEVEL
COMMUNITIES
COMMUNITY CHARACTERISTICS
COMMUNITY INCOME
COMMUNITY LEVEL
COMMUNITY MEMBERS
DECISION MAKING
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ECONOMETRIC ANALYSIS
ECONOMETRIC MODELS
ECONOMIC BENEFITS
ECONOMIC CHARACTERISTICS
ECONOMIC GROWTH
ECONOMICS LITERATURE
ECONOMISTS
EDUCATION LEVEL
EMPLOYMENT STATUS
ETHNIC DIVERSITY
EXTERNALITIES
GOVERNMENT REGULATION
HOUSEHOLD CHARACTERISTICS
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WEALTH
HUMAN CAPITAL
INCOME LEVEL
INDIVIDUAL LEVEL
INSTITUTIONAL ARRANGEMENTS
LABOR MARKET
MARKET FAILURES
MEASURING SOCIAL CAPITAL
NEGATIVE EXTERNALITIES
OPPORTUNITY COST
PHYSICAL CAPITAL
POLICY DISCUSSIONS
POLICY IMPLICATIONS
POLICY RESEARCH
POSITIVE EXTERNALITIES
PRODUCTIVITY INCREASES
PUBLIC INSTITUTIONS
PUBLIC SERVICES
QUANTITATIVE ANALYSIS
RECIPROCITY
REPRESENTATIVE SAMPLE
RURAL AREAS
RURAL COMMUNITIES
RURAL HOUSEHOLDS
RURAL RESIDENTS
SAMPLE SIZE
SELECTION MECHANISMS
SOCIAL BEHAVIOR
SOCIAL CAPITAL
SOCIAL GROUPS
SOCIAL INTERACTIONS
SOCIAL NETWORKS
SOCIAL ORGANIZATIONS
SOCIAL POLICIES
SOCIAL SCIENTISTS
SOCIAL STATUS
SURVEY QUESTIONNAIRE
UNEMPLOYMENT
UNEMPLOYMENT RATES
URBAN CENTERS
URBAN COMMUNITIES
UTILITY FUNCTION
WEALTH
WEALTH INDEX
WELFARE ECONOMICS
Lederman, Daniel
Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals
geographic_facet Latin America & Caribbean
relation Policy Research Working Paper;No.2821
description 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.
format Publications & Research :: Policy Research Working Paper
author Lederman, Daniel
author_facet Lederman, Daniel
author_sort Lederman, Daniel
title Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals
title_short Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals
title_full Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals
title_fullStr Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals
title_full_unstemmed Income, Wealth, and Socialization in Argentina: Provocative Responses from Individuals
title_sort income, wealth, and socialization in argentina: provocative responses from individuals
publisher World Bank, Washington, D.C.
publishDate 2013
url http://documents.worldbank.org/curated/en/2002/04/1758951/income-wealth-socialization-argentina-provocative-responses-individuals
http://hdl.handle.net/10986/14318
_version_ 1764429815914430464