№4 (29) / 2025  

Release Date 10.11.2025

 INTERDISCIPLINARY STUDIES

 

 

Titov Vlagimir

Dr. Sci. (Econ), Leading Researcher, Center «Institute of Social Analysis and Forecasting» Institute of Applied Economic Research

Russian Presidential Academy of National Economy and Public Administration (Moscow), This email address is being protected from spambots. You need JavaScript enabled to view it.

https://orcid.org/0000-0002-7185-2070

 

Loginov Dmitry

PhD (Econ), Senior Researcher, Center «Institute of Social Analysis and Forecasting» Institute of Applied Economic Research

Russian Presidential Academy of National Economy and Public Administration (Moscow), This email address is being protected from spambots. You need JavaScript enabled to view it.

https://orcid.org/0000-0002-2717-6909

 

THE INFLUENCE OF SOCIAL CAPITAL ON SUBJECTIVE WELL-BEING

Размер файла144-157
 Размер файла  511 К Размер файла Text of the Article   License Creative Commons 4.0 

The article reviews mechanisms of influence that development of social capital may have on subjective well-being at the conceptual and theoretical level as well as at the level of empirically confirmed research practice. The relevance of the study is defi ned by importance of subjective well-being appropriate level increasing and maintaining both for various social groups and the population in general. Th us, identifying and analyzing factors that contribute to positive socio-economic dynamics is signifi cant not only from the point of view of the research discourse development but also in the context of country’s productive development. Subjective well-being is considered as category of quality-of-life research that allows us to overcome limitations of welfare assessment objective parameters focusing on human needs and the degree of their satisfaction. Social capital has been analyzed as a resource of exceptional social signifi cance as it acts both to strengthen social integrity and to enhance efficiency of interactions of various natures. Considerable social capital encourages enhancement of subjective well-being as well as acts as barrier to negative dynamics in life satisfaction. Th e impact of social capital on subjective wellbeing acquires particular significance in periods of turbulence when population faces the challenge of overcoming various shocks.

 

Keywords: subjective well-being, welfare, social capital, quality of life, social interactions, trust, population

 

JEL: A13, I31, Z13

UDC: 331.44, 334.01, 316.35

DOI: 10.52342/2587-7666VTE_2025_4_144_157

 

© V. Titov, D. Loginov, 2025

© Institute of Economics of the Russian Academy of Sciences «Issues of Theoretical Economics», 2025

Source of funding: The article was prepared within the framework of the state assignment of RANEPA

 

ЛИТЕРАТУРА

  1. Avraamova E.M., Loginov D.M. (2002). Socio-Economic Adaptation: Resources and Opportunities.
  2. Anikin V.A., Nagernyak M.A., Voronina D. (2024). The Concept of Well-Being in Social Sciences. DOI: 10.14515/monitoring.2024.6.2800.
  3. Antipina O., Miklashevskaya N., Orlova E. (2025). Economic Sense and Application Significance of Life Satisfaction Indicators. DOI: 10.52342/2587-7666VTE_2025_1_7_22.
  4. Binykova I.S. (2014). Social Capital in Russia: Problems and Prospects of Development (Social and Philosophical Analysis).
  5. Bourdieu P. (2002). Forms of Capital.

complete reference list

close list

  1. Vinogradsky V.G. (2010). Social Capital of Rural Communities: The Concept, Dynamics and Prospects.
  2. Gorshkov M.K. (2024). Subjective Well-Being in the Context of Quality of Life (Based on the Results of Sociological Measurements). DOI 10.31857/S0869587324020031.
  3. Dudin I.V., Tikhonova N.E. (2024). Subjective Well-Being of Russians Through the Prism of Their Identities: State and Factors. DOI 10.19181/snsp.2024.12.3.1.
  4. Durkheim E. (1994). Suicide: A sociological study.
  5. Ivanov V.V., Komarov V.M., Pavlov P.N. Rumiyantsev N.A. (2014). Modernization Issues: The Role of Social Capital.
  6. Inglehart R., Welzel C. (2011). Modernization, Cultural Change, and Democracy. The Human Development Sequence.
  7. Karavay A.V. (2021). Social Networks in Modern Russia: Scale, Structure and Functioning Mechanisms. DOI: 10.19181/snsp.2021.9.4.8605
  8. Karavay A.V. (2023). The Social Capital of Russian Society: A Year Under a Special Military Operation // Terra Economicus. 21. No. 4. Pp. 91-105. DOI: 10.18522/2073-6606-2023-21-4-91-105
  9. Loginov D.M. (2021). Non-Material Resources of the Population in the New Adaptation Cycle. DOI: 10.31857/S086904990017876-5.
  10. Mareeva S.V. (2018). Subjective Well-Being and Ill-Being Zones in the Russian Society. DOI: 10.22363/2313-2272-2018-18-4-695-707
  11. Nemirovsky V.G., Nemirovskaya A.V. (2011). Social Structure and Social Capital of the Population of Krasnoyarsk
  12. Pavlenko B.V. (2025). Social Capital and Economic Inequality in Russian Towns: Social Network Analysis. DOI: 10.52342/2587-7666VTE_2025_2_144_163.
  13. Putnam R. (1996). To make democracy work: Civic traditions in modern Italy.
  14. Pliskevich N. (2012). Human capital in transforming Russia.
  15. Polishchuk L.I. (2011). Social Capital in Russia: Measurement, Analysis, Impact Assessment.
  16. Radaev V.V. (2003). The Concept of Capital, Forms of Capital and Their Conversion.
  17. Skachkova L.S., Klimenko L.V., Gerasimova O.Ya., Krivosheeva-Medyantseva D.D. (2024). Happy People in Russia: The Role of Economic and Social Capital. DOI: 10.17835/2076-6297.2024.16.3.126-146.
  18. Strel’nikova L. V. (2003). Social Capital: A Typology of Foreign Approaches.
  19. Sushko P.E. (2024). Specificity of Subjective Well-Being of Russians from Different Types of Settlements. DOI 10.19181/vis.2024.15.4.4.
  20. Fukuyama (2004). Trust. The Social Virtues and the Creation of Prosperity.
  21. Aknin L.B., Dunn E.W., Whillans A.V., Grant A.M., Norton M.I. (2013). Making a difference matters: Impact unlocks the emotional benefits of prosocial spending // Journal of Economic Behavior and Organization. No. 88. Pp. 90-95.
  22. Borgonovi F. (2008). Doing well by doing good. The relationship between formal volunteering and self-reported health and happiness // Social Science & Medicine. 66(11). Pp. 2321-2334.
  23. Bjørnskov C. (2003). The happy few: Cross-country evidence on social capital and life satisfaction. // Kyklos. No. 56(1). Pp. 3-16.
  24. Bjørnskov C. (2008). Social capital and happiness in the United States // Applied Research in Quality of Life. No. 3(1). Pp. 43-62.
  25. Campbell (1972). Aspiration, satisfaction and fulfilment. // The human meaning of social change / A. Campbell & P.E. Converse (Eds.). — New York: Russell Sage Foundation. Pp. 441-446.
  26. Coleman J. (1990). Foundations of social theory. – Cambridge, MA: Harvard University
  27. Dolan P., Peasgood T., White M. (2008). Do we really know what makes us happy? A review of the economic literature on the factors associated with subjective well-being // Journal of Economic Psychology. No. 29 (1). Pp. 94-122.
  28. Donovan N., Halpern D., Sargeant R. (2002). Life satsfaction: The state of knowledge and implications for government. – London: Prime Minister’s Strategy Unit.
  29. Felce D., Perry J. (1993). Quality of life: A contribution to its definition and measurement. – Bangor: University of Wales.
  30. Florida (2002). The Rise of the Creative Class. And How It's Transforming Work, Leisure and Everyday Life. — N.Y.: Basic Books
  31. Fowler J., Christakis N. (2008). Dynamic spread of happiness in a large social network: Longitudinal analysis over 20 years in the framingham heart study // British Medical Journal. No. 4(337). Pp. 677-691.
  32. Gallup, Healthways. (2014). State of global well-being. Results of the Gallup–Healthways Global well-being index. URL: https://www.miqols.org/resources/Gallup-Healthways_State_of_Global_Well-Being_vFINAL.pdf (access date: 20.08.2025)
  33. Glatzer W. (2004). Challenges for the quality of life in contemporary societies. // Challenges for quality of life / Glatzer, S. Below & M. Stoffregen (Eds.). – Dordrecht: Kluwer. Pp. 3-10.
  34. Haller M., Hadler M. (2006). How social relations and structures can produce happiness and unhappiness: An international comparative analysis // Social Indicators Research. 75. Pp. 169-216.
  35. Halpern D. (2005). Social capital. – Cambridge: Polity.
  36. Helliwell J.F. (2001). Social capital, the economy and well-being. // The review of economic performance and social progress / K. Banting, A. Sharpe & F. St-Hilaire (Eds.),. – Montreal: Institute for Research on Public Policy and Centre for the Study of Living Standards. Pp. 43-60.
  37. Helliwell J.F., Huang H., Harris A. (2009). International differences in the determinants of life satisfaction. // New and enduring themes in development Economics / T. Ray, E. Somanathan & B. Dutta (Eds.). – Singapore: World Scientific.
  38. Helliwell J.F., Putnam R.D. (2004). The social context of well-being // Philosophical Transactions of the Royal Society of London Series B-Biological Sciences. No. 359(1449). Pp. 1435-1446.
  39. Inglehart R., Rabier J.R. (1986). Aspirations adapt to situations – but why are the Belgians so much happier than the French? A cross-cultural analysis of the subjective quallty of life // Research on the quallty of life / F.M. Andrews (Ed.). – Ann Arbor: University of Michigan. Pp. 1-56.
  40. Kahneman D., Krueger A.B., Schkade D., Schwarz N., Stone (2004). A survey method for characterizing daily life experience: The day reconstruction method // Science. No. 306. Pp. 1776-1780.
  41. Kroll C. (2008). Social capital and the happiness of nations. The importance of trust and networks for life satisfaction in a cross-national perspective. – FrankfurtM.: Peter Lang Publishing.
  42. Lelkes O. (2006). Knowing what is good for you. Empirical analysis of personal preferences and the «objective good» // The Journal of Socio-Economics. No. 35. Pp. 285-307.
  43. Li Y., Ferraro K. (2006). Volunteering in middle and later life: Is health a benefit, barrier or both? // Social Forces. Vol. 85. No.1. Pp. 497-519.
  44. Lin N. (2001). Building a network theory of social capital. In L. Nan, K. Cook & R. S. Burt (Eds.). Social capital: Theory and research. – New York: De Gruyter. Pp. 3-30.
  45. Lin N., Erickson B. H. (2008). Theory, measurement, and scope of social capital research. // Social capital. An international research program / N. Lin & B. H. Erickson (Eds.). – Oxford: Oxford University
  46. Morrow-Howell N., Hong S.I., Tang F.Y. (2009). Who benefits from volunteering? Variations in perceived benefits // Gerontologist. Vol. 49. No1. Pp. 91-102.
  47. OECD (2015). How’s Life? 2015: Measuring Well-being. OECD Publishing. URL: https://www.oecd.org/en/publications/how-s-life-2015_how_life-2015-en.html (access date: 20.08.2025).
  48. Portes A. (1998). Social capital: Its origins and applications in modern sociology // Annual Review of Sociology. No. 24. Pp. 1-24.
  49. Powdthavee N. (2008). Putting a price tag on friends, relatives, and neighbours: Using surveys of life-satisfaction to value social relationships // Journal of Socio-Economics. 37. No.4. Pp. 1459-1480.
  50. Putnam R.D. (2000). Bowling alone: The collapse and revival of American community. – New York: Simon & Schuster.
  51. Stiglitz J.E., Sen A., Fitoussi J.P. (2009). Report by the Commission on the Measurement of Economic Performance and Social Progress. – Paris: CMEPSP.
  52. The Herald/Age (2011). Lateral Economics Index of Australia’s Wellbeing. URL: https://lateraleconomics.com.au/wp-content/uploads/2014/02/Fairfax-Lateral-Economics-Index-of-Australias-Wellbeing-Final-Report.pdf (access date: 20.08.2025)
  53. Thomas P.A. (2009). Is it better to give or to receive? Social support and the well-being of older adults. // The Journals of Gerontology Series B: Psychological Sciences and Social Sciences. 65B(3). Pp. 351-357.
  54. Yip W., Subramanian S.V., Mitchell A.D., Lee D.T.S., Wang J., Kawachi I. (2006). Does social capital enhance health and well-being? Evidence from rural China // Social Science & Medicine. No. 64. Pp. 35-49.

 

 

Manuscript submission date  24.08.2025

Manuscript acceptance date: 15.10.2025

 

For citation:

Titov V., Loginov D. The Influence of Social Capital on Subjective Well-Being // Voprosy teoreticheskoy ekonomiki. 2025. No. 4. Pp. 144-157. DOI:10.52342/2587-7666VTE_2025_4_144_157