Corazzini, Luca; Grazzi, Matteo; Nicolini, Marcella - Economic and Social Research Institute (ESRI) - 2007
According to the modern theory of social capital (see Coleman (1990), Putnam (1993), Fukuyama (1995)), widespread trust would influence the economic performances of a country through a) reduction of transactional costs (monitoring and preventive activities to protect themselves from being...