• Journal of Family Resource Management and Policy Review
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• v.12 no.2
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• pp.31-55
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• 2008

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.

• International Journal of Advanced Culture Technology
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• v.10 no.3
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• pp.11-17
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• 2022

This study investigates income support, labor opportunities, and social capital by the demographic characteristics of the elderly who participate in the elderly job project, and especially the relationship between social and quality of life. We want to provide empirical data on how the elderly vocational business ultimately affects the lives of the elderly through the intervention of social capital. The intervention effect of social capital is as follows. Satisfaction with the elderly job project has a great impact on the quality of life, trust, network, and social participation. In particular, trust in the quality of life of the elderly had a great influence on the quality of life and was indirectly effective. In addition, the intervention of social participation between social capital was known, and the elderly job project increased social participation to improve the quality of life of the elderly. Therefore, it can be evaluated that the elderly job project has an important positive effect on the quality of life of the elderly, and the social capital formed through the elderly job project plays a role in directly or indirectly improving the quality of life of the elderly.

• Journal of the Korean Home Economics Association
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• v.44 no.10
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• pp.133-144
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• 2006

The purpose of this study was to examine the effects of human capital and social capital, including employment status, education, income, social supports, and social participations, on the health status of the elderly aged over 50, after controlling for various demographic variables. Data were from the 6th wave of the Korean Labor and Income Panel Study(n=3,459). The major findings of this study were as follows: First, human capital and social capital were both resources that can contribute to improving the health status of the elderly aged over 50. Second, the effects of human capital and social capital on the health status of the elderly differed in the three subsamples defined by employment status. Based on the empirical results, policy implications were provided.

• Korean Journal of Social Welfare
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• v.63 no.2
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• pp.261-289
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• 2011

This study has been conducted to assess the effectiveness of the elderly employment programs through change of social capital by understanding how the elderly employment programs in the elderly employment policy of Korea has effected the change of social capital. The method of research was to design the research in the nonequivalent control groups design from the quasi-experimental design for the 500 elderly who participated and 250 who have not participated in the elderly employment programs through distributing structured questionnaire by classifying into before and after the project during 7 months from March 1, 2010 to September 30, 2010 to those above 65 living in Changwon. The social capital which is an important variable among the measurement index of the study has been set as trust, network, and social participation fields based on the aforementioned theoretic background. When the fact that there is a partial difference in the change of social capital of the elderly according to the participation in the elderly employment programs and the timing (before/after) is looked at in terms of change of social capital after controlling the general character of the elderly and the pre-score, there are differences per timing according to the participation in the elderly employment programs. Thus, the participation in the elderly employment programs had a significant difference in the change of social capital. It is possible to see that the trust, network, and social participation of the social capital all increased in the elderly with difficulties in their living status. It can be seen that the participation in the elderly employment programs brings forth increase of social capital for the elderly with difficulties in their living status. Among the social capitals, the elderly who participated in the elderly employment programs showed that the trust increased the most. Consequently, in order to increase the comprehensive social capital, the programs must be carried out focused on the vulnerable class in parallel to the elderly employment programs for the general elderly of other classes.

• Journal of Family Resource Management and Policy Review
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• v.20 no.2
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• pp.19-41
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• 2016

This study examines the human capital, economic capital, and psychological factors that influence social participation among the elderly in the future. The data, 'Survey on the Elderly in 2014', were collected from 'The Ministry of Health & Welfare' and the 'Korea Institute for Health and Social Affairs'. The samples included 10,279 elderly people who were over 65 years of age. Multiple regression analysis was used to analyze the research model. The findings are as follows. First, the highest participation awareness level of all was for the hobbies and leisure activities, and the lowest participation awareness level was for volunteer activities. Second, human capital factors such as age, education level, and health status, and economic capital factors such as household consumption expenditure and standard of living signigicant affected social participation awareness among the elderly. Psychological factors such as self-esteem, depression, and the subjective age of becoming elderly, also affected the social participation awareness. Third, awareness differed by sex. In particular, age and depression were restrictions of social participation awareness that were more common among elderly women than among elderly men, although single women were more likely to participate in religious, learning, and hobby and leisure activities. In contrast, chronic diseases and household consumption expenditures were more restrictive of social participation awareness among elderly men compared to elderly women. These results show that human capital, economic capital, and psychological factors heavily influence the social participation awareness of the elderly, although the degree of influence of these factors differs by sex.

• Journal of the Korean Home Economics Association
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• v.51 no.2
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• pp.207-218
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• 2013

Social capital theory provides a framework for analyzing the economic well-being. The purpose of this study is to analyze the age effect of social capital by comparing middle aged and the elderly, as well as to investigate the independent effects of social capital on their subjective economic well-being, respectively. The two concepts of "trust" and "social network" were used to measure the level of social capital. Comparisons between the age groups were made regarding the relationships between social capital and economic well-being of four age groups, including younger middle-aged, older middle-aged, younger elderly, and older elderly. Data from the $2^{nd}$ wave of the Korean Longitudinal Study of Ageing (KLoSA) were used. The final sample for this analysis is 8,406 respondents aged 45~84. The major findings are as follows. First, the level of social capital, trust and social network, is statistically different by age groups. Second, the model fits in the case of model including social capital variables are all larger than their counterparts in the four age groups. Third, social capital is "resource" that can contribute to increasing the subjective economic well-being. Based on the empirical results, implications for welfare policies related with issues of social security for the elderly in Korea are provided.

• 한국노년학
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• v.37 no.3
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• pp.707-726
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• 2017

Korea is proceeding to aging society at much faster pace than other countries. To alleviate various problems (health, environment, social relationships, psychology and emotion, and financial problems) of the elderly caused by aging society, there has been increasing attention to social capital. This study investigated types of ways that the elderly at individual level are aware of social capital and the characteristic. In addition, factors that influence the types were studied. Data from 1060 elderly with the age of 65 and older were collected in Korea. Excluding missing data on variables used in the study, data of 960 elderly were used for analyses. K-mean cluster analysis was conducted to investigate types of elderly awareness on social capital at individual level. Multinominal logistic regression was used to find out factors of the types. K-mean cluster analysis resulted in three types of awareness on social capital among the elderly: (1) potential of social capital; (2) severance of social capital; and (3) wealth of social capital. Multinominal logistic regression resulted in that compared to potential of social capital type, when the elderly were younger, inclination of politics was more progressive, they did not have religion, they did not reside in rural, and they did not live in multiplex housing, the elderly were more likely to be in severance of social capital type. Also, when the elderly were women, had higher education and standard of living, were Christian, and did not reside in rural regions. they tended to be in wealth of social capital type. Based on the study results about awareness on social capital among the elderly and factors related to the awareness types, practical and political suggestions that promote social capital to solve problems of the elderly were provided.

• The Korean Journal of Community Living Science
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• v.28 no.4
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• pp.561-579
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• 2017

The rural elderly population has social capital based on regionalism and kinship, which acts as a positive function in terms of their self-efficacy. Self-efficacy refers to the belief in one's own abilities. In general, elderly people with high self-efficacy maintain a healthy life and age successfully. This study examines how the rural elderly population perceive their self-efficacy and social capital and analyzes the role of social capital as a mediating variable. Social capital consists of 4 aspects; trust, norms, network and participation. For this study, data were gathered from 344 rural elderly people aged 60 years and over. The results of this study were as follows. According to the analysis of the structure equation modeling effect, the direct effect of subjective health status on self-efficacy, the indirect effect of the parameters of norms and the total effect were all statistically significant. Second, the direct effect of adult children's support on self-efficacy was significant, and the indirect effects of the parameters of trust, norms and total effect were all statistically significant. This study confirmed that social capital has a mediating effect on the relationship among the subjective health status of the rural elderly, adult children's support and self-efficacy. Furthermore, social capital had a positive impact on the self-efficacy of the rural elderly. Based on these results, a policy for making use of the social capital of the rural elderly should be developed.

• The Journal of Korean Society for School & Community Health Education
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• v.21 no.2
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• pp.1-14
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• 2020

Objectives: The purpose of this study was to identify factors(perceived health and social support) affecting social capital formation of the elderly. Methods: Samples consisted of 184 people aged over 65 years old in one county of Kyungsangbukdo. Data were analyzed with t-test, ANOVA and regression analysis. Results: First, social support(both emotional support and instrumental support) were significantly different by economic status. Secondly, regression analysis showed that perceived health affected a positive influence on social capital in Model1, which analyzed only perceived health. However, Model2, which analyzed perceived health and social support(emotional support, instrumental support) at the same time, showed that only instrumental support affected social capital formation. Conclusions: It was suggested to develop customized health promotion and job creation are required for social capital formation of the elderly.

• Health Policy and Management
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• v.22 no.4
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• pp.497-521
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• 2012

Objectives This study aimed to investigate the effect of social capital, health risk behavior and health status on medical care utilization by the elderly. The data and Research method Data were obtained from the 4th wave survey of the Korea Welfare Panel Study. 4,087 household members aged 65 years and over were subject to analysis. Descriptive statistics are used to describe the basic features of the data in a study. we performed a structural equation modeling(SEM) analysis to evaluate the effect of social capital and mediating effect of health risk behavior and health status. Results Results showed that factors related to medical care utilization of the elderly were different depending on types of service (inpatient and outpatient service) except health status. Age, higher social capital, more health-risk behavior and poorer health status were associated with increased use of inpatient service. Social capital was found to have a positive direct effect on it. Also, social capital had an indirect effect on reducing use of inpatient services by improving health status. On the other hand, lower age and higher household income tended to increase use of outpatient service, while higher social capital and higher health status were inversely related. Social capital had a direct effect and an indirect effect on reducing use of outpatient service and, at that time, health status played a mediating role. Conclusions Social capital may contribute to improve health status and indirectly reduce medical care utilization of the elderly by enhancing their health status. These results provide evidence that more policy and strategy considerations should be needed for the elderly to strengthen their social capital in order to enhance their levels of health and more efficient utilization of medical care.