Journal of Family Resource Management and Policy Review (가족자원경영과 정책)
- Volume 12 Issue 2
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- Pages.31-55
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- 2008
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- 1738-0391(pISSN)
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- 2713-9662(eISSN)
The Effects of Human Capital and Social Capital on Economic Well-Being of the Elderly in Korea
노년기 경제적 복지를 위한 사회투자정책의 방향 : 인적자본 및 사회자본의 활용을 중심으로
- Seo, Ji-Won (Dep. of Home Economics, Korea National Open University)
- 서지원 (한국방송통신대학교 가정학과)
- Published : 2008.05.31
Abstract
Human capital theory and social capital theory provide a framework for analyzing economic well-being. The purpose of this study was to investigate the effects of human capital and social capital on the economic well-being of the elderly. The data from the 1st wave of KLoSA (Korean Longitudinal Study of Aging) were used (n=3,426). The major findings were as follows: First, human capital and social capital are both resources that can contribute to increasing the economic well-being of the elderly. Second, the effects of human capital on the economic well-being of the elderly were relatively higher than the effects of social capital. Third, the relative contributions of human capital and social capital to increasing economic well-being varied by sex, age, and region. Based on the empirical results, the implications for social investment in human capital and social capital were provided.
Keywords