This paper examines the relationship between social capital and performance of fiscal institutions using provincial sub-national state level data in India during 1991-2012. Institution in India is significant and controls fiscal performances as per social need for economic development. People...

Social capital is a broad term containing the social networks and norms that generate shared understandings, trust and reciprocity, which underpin cooperation and collective action for mutual benefits, and creates the base for economic prosperity. This study deals with the formation of social...