Аннотация:ABSTRACT. The repository of literature studying therelationship between economic indicators and socialcapital through traditional surveys data is growing. At thesame time, the emergence of social networks has createdcompeting big data that require in-depth analysis andcomparison of results. The aim of this research is toanalyze the interaction between countries’ economicoutcomes and proxy indicators of social capital,considering and comparing the traditional data of surveysand Facebook’s data of social connectedness index.Correlation analysis, Granger and Dumitrescu HurlinPanel Causality tests, Ordinary Least Squares (OLS)regression methods of analysis on panel and cross-country data are used to show that countries’ GDP percapita indicator is a cause for higher social capital, whilesocial connectedness indicators explain only a very smallpart of the GDP per capita indicator. It is also shown thatinstitutional trust and networks elements of social capitalare the most influential and statistically significantexplaining variables of GDP per capita (in case of thelatter variable, the connection is two-sided). The scientificcontribution of this study is that it brings researchgrowing in two different directions into one dimension.The results of the analysis are also of practical importancefor public policy development, social media companiesand the buyers-users of their data. (PDF) CAUSATIONS OR PAYOFFS? THE INTERACTION BETWEEN COUNTRIES' ECONOMIC RESULTS AND COMPETING PROXIES OF SOCIAL CAPITAL. Available from: https://www.researchgate.net/publication/363335417_CAUSATIONS_OR_PAYOFFS_THE_INTERACTION_BETWEEN_COUNTRIES'_ECONOMIC_RESULTS_AND_COMPETING_PROXIES_OF_SOCIAL_CAPITAL [accessed Sep 08 2022].