Social capital of the agricultural sphere: indicators of measurement for conditions of formation and results of use

Authors

DOI:

https://doi.org/10.51599/are.2021.07.04.07

Keywords:

social capital, indicators, innovation capital, relational capital, structural capital, hierarchy analysis method.

Abstract

Purpose. The aim of the article is to reveal the theoretical and methodological approaches to the assessment of social capital and to build a system of indicators of its formation and results of use in the agricultural sector.

Methodology / approach. The theoretical-and-methodological basis of the study are the conceptual provisions of economic theory, which allow determining the principles of creation and use of social capital. In the research we used methods of theoretical generalization, analysis and synthesis (to determine the object and objectives of the study); system approach (to identify components of social capital); systematization and classification (to determine the system of indicators that determine the formation and use of social capital); analysis of hierarchies (for comparative analysis of social capital of agricultural holdings).

Results. Based on a critical review of literature sources, scientific trends in the assessment of social capital were systematized. There are determined new conceptual approaches to the development of indicators of social capital of the agricultural sector for meso- and microlevels, which take into account industry specifics, are determined by groups of factors of its formation and results of use, and reflect the main components of social capital – innovation (norms), relational (trust) and structural (social networks) social capital. On the basis of the method of analysis of hierarchies the comparative it was carried out an estimation of factors of formation of social capital of two domestic agroholdings which results correspond to results of the analysis of indicators of results of its use

Originality / scientific novelty. The methodological bases of the analysis of social capital of the agrarian sphere through complex measurement of its components by means of system of indicators on meso- and microlevels taking into account branch features were improved, factors of formation and results of use of social capital were systematized.

Practical value / implications. The obtained results allow substantiating the key approaches to measuring the social capital of the agricultural sector, which makes it possible to obtain comprehensive information for decision-making regarding its further formation and effective use.

References

1. Ahn M. Y., Davis H. H. Sense of belonging as an indicator of social capital. International Journal of Sociology and Social Policy. 2020. Vol. 40. No. 7–8. Pp. 627–642. https://doi.org/10.1108/IJSSP-12-2019-0258.
2. Belay D. Determinants of individual social capital in dairy cooperatives in West Shoa, Ethiopia. Agrekon. 2020. Vol. 59. Is. 3. Pp. 303–320. https://doi.org/10.1080/03031853.2020.1743728.
3. Chmelikova G., Krauss A., Dvoulety O. Performance of microfinance institutions in Europe – Does social capital matter? Socio-Economic Planning Sciences. 2019. Vol. 68. 100670. https://doi.org/10.1016/j.seps.2018.11.007.
4. Davenport M., Hassan R. Application of exploratory factor analysis to address the challenge of measuring social capital in a rural communal setting in South Africa. Agrekon. 2020. Vol. 59. Is. 2. Pp. 218–234. https://doi.org/10.1080/03031853.2020.1713829.
5. Forsell T., Tower J., Polman R. Development of a scale to measure social capital in recreation and sport clubs. Leisure Sciences. 2020. Vol. 42. Is. 1. Pр. 106–122. https://doi.org/10.1080/01490400.2018.1442268.
6. Hasan I., He Q., Lu H. The impact of social capital on economic attitudes and outcomes. Journal of International Money and Finance. 2020. Vol. 108. 102162. https://doi.org/10.1016/j.jimonfin.2020.102162.
7. Hasan M. L., Yee T. P., Ling Y. L., Johari S., Emang D. The strength of social capital of three local communities at Gunung Pueh national park, Lundu, Sarawak. International Journal of Recent Technology and Engineering. 2019. Vol. 7. Is. 5S. Pр. 120–126.
8. Ievdokymov V., Lehenchuk S., Zakharov D., Andrusiv U., Usatenko O., Kovalenko L. Social capital measurement based on “The value explorer” method. Management Science Letters. 2020. Vol. 10. Pр. 1161–1168. https://doi.org/10.5267/j.msl.2019.12.002.
9. Jeble S., Kumari S., Venkatesh V. G., Singh M. Influence of big data and predictive analytics and social capital on performance of humanitarian supply chain: developing framework and future research directions. Benchmarking. 2020. Vol. 27. Is. 2. Pр. 606–633. https://doi.org/10.1108/BIJ-03-2019-0102.
10. Lang L. D., Behl A., Dong N. T., Temouri Y., Thu N. H. Effect of social capital on agribusiness diversification intention in the emerging market. Journal of Intellectual Capital. 2021. Vol. ahead-of-print. No. ahead-of-print. https://doi.org/10.1108/JIC-01-2021-0039.
11. Lang L. D., Behl A., Dong N. T., Thu N. H., Dewani P. P. Social capital in agribusiness: an exploratory investigation from a supply chain perspective during the COVID-19 crisis. International Journal of Logistics Management. 2021. Vol. ahead-of-print. No. ahead-of-print. https://doi.org/10.1108/IJLM-01-2021-0039.
12. Ngo C., Nguyen Q. L. H. T. T., Nguyen P. T. Social capital and corporate performance: Evidence from state capital enterprises in Vietnam. Journal of Asian Finance, Economics and Business. 2020. Vol. 7. Is. 6. Pp. 409–416. https://doi.org/10.13106/JAFEB.2020.VOL7.NO6.409.
13. Perez-Macias N., Fernandez-Fernandez J.-L., Rua-Vieites A. Entrepreneurial intention among online and face-to-face university students: the influence of structural and cognitive social capital dimensions. Journal of International Entrepreneurship. 2020. Vol. 19. Pp. 434–467. https://doi.org/10.1007/s10843-020-00280-6.
14. Ribeiro L. L., de Araujo J. A. Social capital and poverty in Brazil. Brazilian Journal of Political Economy. 2018. Vol. 38. Is. 4. Pp. 749–765. https://doi.org/10.1590/0101-35172018-2806.
15. Shiani M., Mousavi M., Zare H. The measurement of social capital in Tehran. Iranian Economic Review. 2017. Vol. 21. Is. 2. Pр. 431–447. https://doi.org/10.22059/IER.2017.62111.
16. Zhou D., Liu T., Wang Q. How social capital affects environmental performance in China. Frontiers in Energy Research. 2020. Vol. 721. No. 160. https://doi.org/10.3389/fenrg.2019.00160.
17. Алексєєнко Д. Д. Кількісні аспекти виміру соціального капіталу. Економічний вісник Національного гірничого університету. 2017. № 4. С. 31–38.
18. Баланда А. Л. Формування теоретичних засад оцінювання соціального капіталу підприємств сфери послуг. Вісник Бердянського університету менеджменту і бізнесу. 2016. № 4. С. 84–89.
19. Галушка З. І., Нафус І. І. Соціальний капітал як економічний ресурс: сутність та методологічні підходи до його оцінки. Економічна теорія. 2019. № 1. С. 71–86. https://doi.org/10.15407/etet2019.01.071.
20. Єлісєєва Л. В. Вимір соціального капіталу в глобальній економіці. Інтелект XXI. 2019. № 1. С. 9–13.
21. Захаров Д. М. Вимірювання соціальних нематеріальних активів як фактора впливу на формування соціального капіталу. Економіка, управління та адміністрування. 2020. № 3. С. 27–34. https://doi.org/10.26642/jen-2020-3(93)-28-34.
22. Козир І. С. Методологічні основи оцінювання соціального капіталу. Держава та регіони. Серія: Економіка та підприємництво. 2017. № 1. С. 92–97.
23. Кроль В. В. Концептуальні засади аналізу соціального капіталу. Вісник Національного університету водного господарства та природокористування. Економічні науки. 2018. Вип. 2. С. 110–116.
24. Мельничук М. О. Облікова політика соціального капіталу торговельного підприємства. Вісник Приазовського державного технічного університету. Серія: Економічні науки. 2018. Вип. 36. С. 250–256.
25. Нестеренко О. О. Облік соціально-репутаційного капіталу як засіб оцінки ефективності корпоративного управління. Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу. 2020. Вип. 1. С. 71–77. https://doi.org/10.26642/pbo-2020-1(45)-71-77.
26. Розсказов А. Г. Сучасні підходи до вимірювання соціального капіталу. Державне будівництво. 2008. № 1. URL: http://nbuv.gov.ua/UJRN/DeBu_2008_1_7.
27. Чумак О., Мельничук М. Економічний та обліковий зміст соціального капіталу підприємства. Проблеми і перспективи економіки та управління. 2018. № 4. С. 36–42.
28. Harper R. The measurement of social capital in the United Kingdom. Conference on SC Measurement. London, 26–27 September 2002. London, Organisation for Economic Co-operation and Development. Office for National Statistics, pp. 1–9. URL: https://www.oecd.org/unitedkingdom/2382339.pdf.
29. Мельничук М. О. Організаційно-методичні аспекти обліку елементів соціального капіталу підприємства. Науковий погляд: економіка та управління. 2020. № 1. С. 173–179.
30. The Legatum Prosperity Index. URL: https://www.prosperity.com/rankings.
31. Шпикуляк О. Г., Іванченко В. О. Формування індексів та індикаторів сталого розвитку підприємництва в сільському господарстві: теоретико-методичні підходи. Економіка АПК. 2020. № 9. С. 114–122. https://doi.org/10.32317/2221-1055.202009114.
32. Грицаєнко М. І. Формування соціальної відповідальності в економічному механізмі реалізації соціального капіталу підприємства. Науковий вісник Одеського національного економічного університету. 2021. № 7–8. C. 130–142. https://doi.org/10.32680/2409-9260-2021-7-8-284-285-130-142.
33. Грицаєнко М. І. Роль соціального капіталу аграрного підприємства в імплементації засад корпоративної соціальної відповідальності. Економіка АПК. 2021. № 5. С. 17–29. https://doi.org/10.32317/2221-1055.202105017.
34. Грицаєнко М. І. Трансакційні витрати національної економіки: сутність, класифікація та оцінка. Соціально-економічні проблеми і держава. 2017. Вип. 2. С. 41–55.
35. Knack S., Keefer P. Does social capital have an economic payoff? A crosscountry investigation. Quarterly Journal of Economics. 1997. Vol. 112. No. 4. Pр. 1251–1288. URL: https://www.jstor.org/stable/2951271.
36. Alesina A., La Ferrara E. Who trusts others? Journal of Public Economics. 2000. Vol. 85. Pр. 207–234. https://doi.org/10.1016/S0047-2727(01)00084-6.
37. Nie N. H., Junn J., Stehlik-Barry K. Education and democratic citizenship in America. Chicago: University of Chicago Press, 1996. URL: https://press.uchicago.edu/ucp/books/book/chicago/E/bo3683564.html.
38. Helliwell J., Putnam R. Education and social capital. Eastern Economic Journal. 2007. Vol. 33. No. 1. Pp. 1–19. URL: https://www.jstor.org/stable/20642328.

References
1. Ahn, M. Y. and Davis, H. H. (2020), Sense of belonging as an indicator of social capital. International Journal of Sociology and Social Policy, vol. 40, no. 7–8, pp. 627–642. https://doi.org/10.1108/IJSSP-12-2019-0258.
2. Belay, D. (2020), Determinants of individual social capital in dairy cooperatives in West Shoa, Ethiopia. Agrekon, vol. 59, is. 3, pp. 303–320. https://doi.org/10.1080/03031853.2020.1743728.
3. Chmelikova, G., Krauss, A. and Dvoulety, O. (2019), Performance of microfinance institutions in Europe – Does social capital matter? Socio-Economic Planning Sciences, vol. 68, 100670. https://doi.org/10.1016/j.seps.2018.11.007.
4. Davenport, M. and Hassan, R. (2020), Application of exploratory factor analysis to address the challenge of measuring social capital in a rural communal setting in South Africa. Agrekon, vol. 59, is. 2, pp. 218–234. https://doi.org/10.1080/03031853.2020.1713829.
5. Forsell, T., Tower, J. and Polman, R. (2020), Development of a scale to measure social capital in recreation and sport clubs. Leisure Sciences, vol. 42, is. 1, pр. 106–122. https://doi.org/10.1080/01490400.2018.1442268.
6. Hasan, I., He, Q. and Lu, H. (2020), The impact of social capital on economic attitudes and outcomes. Journal of International Money and Finance, vol. 108, 102162. https://doi.org/10.1016/j.jimonfin.2020.102162.
7. Hasan, M. L., Yee, T. P., Ling, Y. L., Johari, S. and Emang, D. (2019), The strength of social capital of three local communities at Gunung Pueh national park, Lundu, Sarawak. International Journal of Recent Technology and Engineering, vol. 7, is. 5S, pр. 120–126.
8. Ievdokymov, V., Lehenchuk, S., Zakharov, D., Andrusiv, U., Usatenko, O. and Kovalenko, L. (2020), Social capital measurement based on “The value explorer” method. Management Science Letters, vol. 10, pр. 1161–1168. https://doi.org/10.5267/j.msl.2019.12.002.
9. Jeble, S., Kumari, S., Venkatesh, V. G. and Singh, M. (2020), Influence of big data and predictive analytics and social capital on performance of humanitarian supply chain: developing framework and future research directions. Benchmarking, vol. 27, is. 2, pр. 606–633. https://doi.org/10.1108/BIJ-03-2019-0102.
10. Lang, L. D., Behl, A., Dong, N. T., Temouri, Y. and Thu, N. H. (2021), Effect of social capital on agribusiness diversification intention in the emerging market. Journal of Intellectual Capital, vol. ahead-of-print, no. ahead-of-print. https://doi.org/10.1108/JIC-01-2021-0039.
11. Lang, L. D., Behl, A., Dong, N. T., Thu, N. H. and Dewani, P. P. (2021), Social capital in agribusiness: an exploratory investigation from a supply chain perspective during the COVID-19 crisis. International Journal of Logistics Management, vol. ahead-of-print, no. ahead-of-print. https://doi.org/10.1108/IJLM-01-2021-0039.
12. Ngo, C., Nguyen, Q. L. H. T. T. and Nguyen, P. T. (2020), Social capital and corporate performance: evidence from state capital enterprises in Vietnam. Journal of Asian Finance, Economics and Business, vol. 6, is. 7, pp. 409–416. https://doi.org/10.13106/JAFEB.2020.VOL7.NO6.409.
13. Perez-Macias, N., Fernandez-Fernandez, J.-L. and Rua-Vieites, A. (2020), Entrepreneurial intention among online and face-to-face university students: the influence of structural and cognitive social capital dimensions. Journal of International Entrepreneurship, vol. 19, pp. 434–467. https://doi.org/10.1007/s10843-020-00280-6.
14. Ribeiro, L. L. and de Araujo, J. A. (2018), Social capital and poverty in Brazil. Brazilian Journal of Political Economy, vol. 38, is. 4, pp. 749–765. https://doi.org/10.1590/0101-35172018-2806.
15. Shiani, M., Mousavi, M. and Zare, H. (2017), The measurement of social capital in Tehran. Iranian Economic Review, vol. 21, is. 2, pр. 431–447.
16. Zhou, D., Liu, T. and Wang, Q. (2020), How social capital affects environmental performance in china. Frontiers in Energy Research, vol. 721, no. 160. https://doi.org/10.3389/fenrg.2019.00160.
17. Aleksieienko, D. D. (2017), Quantitative aspects of measuring social capital. Economic Bulletin of the National Mining University, vol. 4, pp. 31–38.
18. Balanda, A. L. (2016), Formation of theoretical bases of estimation of social capital of the enterprises of sphere of services. Bulletin of Berdyansk University of Management and Business, vol. 4, pp. 84–89.
19. Halushka, Z. I. and Nafus, I. I. (2019), Social capital as an economic resource: the essence and methodological approaches to its evaluation. Economic theory, vol. 1, pp. 71–86. https://doi.org/10.15407/etet2019.01.071.
20. Yelisieieva, L. V. (2019), Measurement of social capital in the global economy. Intelekt XXI, vol. 1, pp. 9–13.
21. Zakharov, D. M. (2020), Measurement of social intangible assets as a factor influencing the formation of social capital. Economics, management and administration, vol. 3, pp. 27–34. https://doi.org/10.26642/jen-2020-3(93)-28-34.
22. Kozyr, I. S. (2017), Methodological bases of social capital assessment. Derzhava ta rehiony. Seriia: Ekonomika ta pidpryiemnytstvo, vol. 1, pp. 92–97.
23. Krol, V. V. (2018), Conceptual principles of social capital analysis. Visnyk Natsionalnoho universytetu vodnoho hospodarstva ta pryrodokorystuvannia. Ekonomichni nauky, vol. 2, pp. 110–116.
24. Melnychuk, M. O. (2018), Accounting policy of social capital of a commercial enterprise. Visnyk Pryazovskoho derzhavnoho tekhnichnoho universytetu. Seriia: Ekonomichni nauky, vol. 36, pp. 250–256.
25. Nesterenko, O. O. (2020), Accounting for social and reputational capital as a means of assessing the effectiveness of corporate governance. Problems of theory and methodology of accounting, control and analysis, vol. 1, pp. 71–77. https://doi.org/10.26642/pbo-2020-1(45)-71-77.
26. Rozskazov, A. H. (2008), Modern approaches to measuring social capital. State building, vol. 1, available at: http://nbuv.gov.ua/UJRN/DeBu_2008_1_7.
27. Chumak, O. and Melnychuk, M. (2018), Economic and accounting content of social capital of the enterprise. Problems and prospects of economics and management, vol. 4, pp. 36–42.
28. Harper, R. (2002), The measurement of social capital in the United Kingdom. Conference on SC Measurement. Organisation for Economic Co-operation and Development. Office for National Statistics. London, United Kingdom, September 26–27, pp. 1–9. available at: https://www.oecd.org/unitedkingdom/2382339.pdf.
29. Melnychuk, M. O. (2020), Organizational and methodological aspects of accounting for elements of social capital of the enterprise. Scientific view: economics and management, vol. 1, pp. 173–179.
30. The Legatum Prosperity Index. available at: https://www.prosperity.com/rankings.
31. Shpykuliak, O. H. and Ivanchenko, V. O. (2020), Formation of indices and indicators of sustainable development of entrepreneurship in agriculture: theoretical and methodological approaches. Ekonomika APK, vol. 9, pp. 114–122. https://doi.org/10.32317/2221-1055.202009114.
32. Hrytsaienko, M. I. (2021), Formation of social responsibility in the economic mechanism of realization of the social capital of the enterprise. Naukovyi visnyk Odeskoho natsionalnoho ekonomichnoho universytetu, vol. 7–8, pp. 130–142, https://doi.org/10.32680/2409-9260-2021-7-8-284-285-130-142.
33. Hrytsaienko, M. I. (2021), The role of social capital of an agricultural enterprise in the implementation of the principles of corporate social responsibility. Ekonomika APK, vol. 5, pp. 17–29. https://doi.org/10.32317/2221-1055.202105017.
34. Hrytsaienko, M. I. (2017), Transaction costs of the national economy: essence, classification and evaluation. Socio-economic problems and the state, vol. 2, pp. 41–55.
35. Knack, S. and Keefer, P. (1997), Does social capital have an economic payoff? A crosscountry investigation. Quarterly Journal of Economics, vol. 112, no. 4, pр. 1251–1288. available at: https://www.jstor.org/stable/2951271.
36. Alesina, A. and La Ferrara, E. (2000), Who trusts others? Journal of Public Economics, vol. 85, pр. 207–234. https://doi.org/10.1016/S0047-2727(01)00084-6.
37. Nie, N. H., Junn, J. and Stehlik-Barry, K. (1996), Education and democratic citizenship in America. University of Chicago Press, Chicago, USA, available at: https://press.uchicago.edu/ucp/books/book/chicago/E/bo3683564.html.
38. Helliwell, J. and Putnam, R. (2007), Education and social capital. Eastern Economic Journal, vol. 33, no. 1, pp. 1–19, available at: https://www.jstor.org/stable/20642328.

Published

2021-12-20

How to Cite

Dymczyk, R., Shpykuliak, O., Hrytsaienko, M., Sakovska, O., & Hrytsaienko, H. (2021). Social capital of the agricultural sphere: indicators of measurement for conditions of formation and results of use. Agricultural and Resource Economics: International Scientific E-Journal, 7(4), 115–137. https://doi.org/10.51599/are.2021.07.04.07

Issue

Section

Articles

Most read articles by the same author(s)