paper, Knack and Keefer (1997) assess the effect of trust on growth. This paper analyses the robustness of their results … the relationship between trust and growth in terms of both the size and the significance of the estimated effect, is … highly dependent on the set of conditioning variables. An answer to the question whether there is an economic payoff of trust …

This research is an attempt to assess the impact of trust, helpfulness, and fairness on economic growth in Europe. The … first part of the paper highlights the concept of social capital and the related concept of trust, while the second part …: generalized trust, helpfulness, and fairness, which can be combined into an aggregated variable, called 'cooperation capital'. The …

-country data of 27 countries indicates that trust as a component of social capital is an important factor in explaining the … differences in the rate of economic growth in this set of countries. This supports the idea that the role of the trust to rules of …

Democracy, income inequality and economic development are considered to be interlinked with one another in a complex … important consequences for the economic growth and level of income inequality. We analyzed the interaction among democracy … that democracy, income inequality and economic development are endogenously interlinked in Pakistan. The significance of …

We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …