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Social Capital, Economic Hardship, and Health: A Test of the Buffering Hypothesis in Transition and Nontransition Countries

ABSTRACT Social capital is positively associated with a number of health outcomes, and it is theorized that social capital serves as a “buffer” during economic hard times, reducing the negative quality of life impacts of economic hardship. Using self-rated health as the outcome variable, we test whether social capital modifies the effect of economic hardship in a sample of 35 transition and non-transition countries and multilevel ordinal logistic regression models that interact social capital with economic hardship variables. Overall, we find consistent evidence that social capital improves health but our analyses do not suggest that social capital conditions the effect of economic hardship. Hence, social capital does not appear to act as “buffer” during trying economic times. We suggest that more research is needed to truly understand how social capital improves health.