Bridging and Bonding Social Capital: Which Type is Good for Economic Growth?
Using data from the European Value Studies, the authors develop and test a model of growth and social capital. Testing the model, they find that regional differences in materialistic attitudes and the value attached to family life significantly reduce the participation in open networks and that this in turn reduces regional output growth in Europe.
Link
http://www.ersa.org/ersaconfs/ersa03/cdrom/papers/517.pdf