Original scientific paper

https://doi.org/10.1080/1331677X.2020.1844583

Inequality, social capital, and varieties of capitalism in Latin America

Nalleli Patricia Bolaños
Edgar J. Saucedo-Acosta
Diana D. Del Callejo Canal

Abstract

This paper aims to research whether the varieties of capitalism
impact the relationship between social capital and inequality in
developed economies (coordinated and liberal economies) and
Latin America (hierarchical economies) in the period from 2000 to
2016. To do that, the study uses a panel analysis of developed
economies and Latin America, that is, a fixed effect panel static
analysis. The model includes one dependent variable (Gini index)
and ten independent variables (generalised trust, informal economy, years of schooling, union density, market capitalization,
annual gross domestic product, gross domestic product per capita, health expenditure, feminine labour force, and gross capital).
The findings show that the relationship between inequality and
social capital is negative and significant and that hierarchical
economies (Latin America) amplified such a relationship

Keywords

nequality; social capital; Latin America; varieties of capitalism

Hrčak ID:

301242

URI

https://hrcak.srce.hr/301242

Publication date:

31.12.2021.

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