Table 5

Assessment of the informal institutions hypothesis

HypothesesOriginal sample (O)MeanStandard deviationT- studentsp-value
(M)
H1Social capital → Quality of life0.6100.6350.0748.2380.000*
H2Social capital → Income0.0140.0150.1400.1000.460
H3Social capital → Team- working0.3010.3240.1132.6590.004*
H4Networks and alliances → Social capital0.2570.2710.1212.1250.017*
H5Networks and alliances → Income−0.050−0.0640.1250.3980.345
H6Networks and alliances → Team- working0.5910.5850.0916.5210.000*
H7Cooperation → Social capital0.5140.5120.0935.5010.000*

Note(s): * Indicate that the coefficient is significant 1%

Source(s): Own, extracted from the data

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