Is social capital useful for explaining economic development in polish regions?

Abstract

The concept of social capital is widely perceived as a promising tool for explaining differences in economic development between countries and regions. According to this theory, weak links (bridging social capital) and social trust in an area favour its better access to other forms of capital, that is, economic and human capital. However, strong links (bonding social capital) may stifle creativity and entrepreneurship. Since the vast majority of research on the impact of social capital on economic development focuses on highly developed Western European countries, it seems particularly interesting to evaluate the usefulness of this approach when applied to post‐communist countries with their different experiences. The objective of this article is to identify the spatial variation of different forms of social capital in regions of Poland and then to test a hypothesis on the impact of this capital on regional economic development. The results demonstrate that despite the existing differences between regions there are no significant relationships between levels of social capital and economic development. This may be explained either by low social capital levels or by the overall degree of Polish economic development.

Key words:

• social capital
• economic development
• economic growth
• Poland
• post‐communism