The Olson - Putnam Controversy: Some Empirical Evidence

Bibliographic citation

Pena López, José Atilano and José Manuel Sánchez Santos, (2007) "The Olson - Putnam Controversy: Some Empirical Evidence." Economics Bulletin, Vol. 26, No. 4 pp. 1-10

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Abstract

[Abstract:] This paper explores the causal link between associationism and general trust. First we study the principal components that constitute social capital. Then we contrast a structural model identifying the relations between the relevant variables in the so-called Olson-Putnam aporia. The results of the empirical test on the determinants of social capital allow us to conclude that the extension of horizontal networks maintains a direct relation with this form of capital, but not those of vertical type.

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