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Groups and information disclosure: evidence on the Olson and Putnam hypotheses in Japan

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There is controversy between Putnam and Olson concerning the role of groups. Putnam
argued that small groups contribute to economic growth, whereas Olson asserted that small groups
hamper economic growth through rent-seeking behavior. Since the end of the 1990s in Japan, there has
been a remarkable rise in the rate of enactment of public information-disclosure ordinances by local
governments. This paper aims to use the panel data of Japan to compare the effects of Putnam-type
horizontally structured groups and Olson-type vertically structured groups on government
information disclosures.
Design/methodology/approach – The Arellano-Bond type dynamic panel model is employed to
control for unobserved fixed effects and endogeneity bias.
Findings – The major findings are as follows: the Putnam-type group has a positive influence on
information disclosure; and the Olson-type group has a detrimental effect on information disclosure.
Originality/value – These findings support both the Putnam and Olson hypotheses. The
characteristics of a particular group should be considered carefully when the influence of that
group is examined.

Keywords Putnam, Olson, Interest group, Social capital, Information-disclosure ordinance,
Information disclosure, Social groups, Japan

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Ketersediaan

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Informasi Detail

Judul Seri

International Journal of Social Economics

No. Panggil

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Penerbit

: Emerald Group., 2012

Deskripsi Fisik

International Journal of Social Economics Vol. 39 No. 6, 2012

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

EKONOMI

Info Detail Spesifik

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Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

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