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Revisiting the relationship between social capital and income of informal workers: An empirical analysis from Hooghly district of West Bengal, India

By: Banerjee, Breeta and Kundu, Amit.
Material type: materialTypeLabelBookPublisher: The Indian Journal of Labour Economics Description: 65(3), Jul-Sep, 2022: p. 747-778.Subject(s): Social capital, Structural social capital, Relational social capital, Cognitive social capital, Social capital index, Income Informal workers In: The Indian Journal of Labour EconomicsSummary: Social capital is often argued an important non-monetized capital for poor people which can be instrumental for poverty eradication and overall economic development. This paper investigates these claims for informal workers. Based on data from a primary survey in Hooghly district of West Bengal, India, an individual level composite social capital index is calculated considering the structural-relational-cognitive dimensions of social capital. Then OLS method has been used to test the impact of social capital on income with respect to the socioeconomic condition of responders. The findings suggest that the role of social capital to improve income is limited by the poor socioeconomic condition and therefore the optimistic view about the role of social capital in poverty eradication should be treated cautiously. – Reproduced
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Articles Articles Indian Institute of Public Administration
65(3), Jul-Sep, 2022: p. 747-778 Available AR128266

Social capital is often argued an important non-monetized capital for poor people which can be instrumental for poverty eradication and overall economic development. This paper investigates these claims for informal workers. Based on data from a primary survey in Hooghly district of West Bengal, India, an individual level composite social capital index is calculated considering the structural-relational-cognitive dimensions of social capital. Then OLS method has been used to test the impact of social capital on income with respect to the socioeconomic condition of responders. The findings suggest that the role of social capital to improve income is limited by the poor socioeconomic condition and therefore the optimistic view about the role of social capital in poverty eradication should be treated cautiously. – Reproduced

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