Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Recovery from Economic Shocks: Social Capital’s Role in Economic Resiliency
Economic shocks occur and resilient communities must have resources in place to anticipate, mitigate, and recover. During these shocks, social capital is a fundamental resource to a resilient community. This research seeks to explore the relationship between social capital and resilience to economic shocks. Using county level data, 2,666 counties experienced an economic shock between 2008 and 2009. A new framework integrating bonding, linking, and bridging social capital provided a theoretical structure using data from the Census Bureau and the Bureau of Labor Statistics. Correlations then were conducted to measure the relationship between various social capital measures and an area’s ability to recover following an economic shock. This research expands understanding of community features that lead to economic resilience. Preliminary correlations amongst bonding variables found educational equality and the percent of the population under age 65 as having the strongest positive relationship with economic resiliency. Additionally, the number of religious organizations per 10,000 people and the percent of union membership from the linking variables have a negative relationship with economic resiliency. Finally, the percent of the population eligible to vote had a negative relationship with economic resiliency. This research examines how social factors can influence economic matters, highlighting the importance of examining all aspects of a community to researchers and policymakers to produce a resilient economy resistant to economic shocks.
Recovery from Economic Shocks: Social Capital’s Role in Economic Resiliency
Economic shocks occur and resilient communities must have resources in place to anticipate, mitigate, and recover. During these shocks, social capital is a fundamental resource to a resilient community. This research seeks to explore the relationship between social capital and resilience to economic shocks. Using county level data, 2,666 counties experienced an economic shock between 2008 and 2009. A new framework integrating bonding, linking, and bridging social capital provided a theoretical structure using data from the Census Bureau and the Bureau of Labor Statistics. Correlations then were conducted to measure the relationship between various social capital measures and an area’s ability to recover following an economic shock. This research expands understanding of community features that lead to economic resilience. Preliminary correlations amongst bonding variables found educational equality and the percent of the population under age 65 as having the strongest positive relationship with economic resiliency. Additionally, the number of religious organizations per 10,000 people and the percent of union membership from the linking variables have a negative relationship with economic resiliency. Finally, the percent of the population eligible to vote had a negative relationship with economic resiliency. This research examines how social factors can influence economic matters, highlighting the importance of examining all aspects of a community to researchers and policymakers to produce a resilient economy resistant to economic shocks.
Recovery from Economic Shocks: Social Capital’s Role in Economic Resiliency
True-Funk, Arielle (Autor:in) / Poleacovschi, Cristina (Autor:in)
Construction Research Congress 2020 ; 2020 ; Tempe, Arizona
Construction Research Congress 2020 ; 581-589
09.11.2020
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
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