Akademik Veri Yönetim Sistemi
Annals of Regional Science, 2020 (SSCI)
© 2020, Springer-Verlag GmbH Germany, part of Springer Nature.Most research on social networks and economic well-being concentrates on bonding and bridging social capital, while the importance of linking social capital is retrograded. However, linking social capital in the form of ties between the ordinary people and people representing the institutionalized networks of power and authority plays an important role in offering the poor, the access to critical resources. There is a gap in the literature on equal access to networks of power and authority, especially in fragmented and unequal societies. This article attempts to fill the gap in the literature by undertaking the case of Turkey. Specifically, besides demographic factors, we investigate the importance of different forms of social capital, in explaining changes in perceived economic well-being levels in Turkey after 2010. The results should help policy makers in designing redistributive policies in a fragmented society. We used microdata to determine the importance of demographic factors and different forms of social capital in explaining changes in perceived economic well-being levels in Turkey after 2010. The results show that linking social capital, which we have captured through the political ties of the respondents, is the most important factor. The results suggest that social capital accumulation should be taken into account in redistributive policies. Furthermore, linking social capital might have undesired effects if there is unequal opportunity for different groups. Therefore, it is important to support a balanced and equitable distribution of social capital to attain a long-lasting and egalitarian improvement in economic welfare.