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| Johnson, Nancy L.; Suarez, Ruth; Lundy, Mark. |
| This paper characterizes and measures the contribution of social capital to the performance of 50 agroenterprises in Colombia. Using qualitative analysis we document how social capital performs a variety of functions in firms, including providing access information via networks of contacts, reducing transactions costs in contracting via trust, and sustaining capacity for collective action. To estimate social capital's contribution to firm structure and performance, quantitative indicators of firm-level use of social capital are developed based on the number and strength of relationships that firms maintain. Econometric analysis finds that firm-level returns to relationships are high, higher than to physical or human capital. The results suggests that while... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Social capital; Collective action; Institutions; Colombia; Agroenterprises; Networks; Agribusiness; Land Economics/Use. |
| Ano: 2002 |
URL: http://purl.umn.edu/50059 |
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