We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian … endogeneity and assess whether the effect of trust on growth is causal. Examining more than forty regressors for nearly fifty … countries, we show that trust exerts a positive effect on long-term growth and, based on the posterior inclusion probabilities …

We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian … endogeneity and assess whether the effect of trust on growth is causal. Examining more than forty regressors for nearly fifty … countries, we show that trust exerts a positive effect on long-term growth and, based on the posterior inclusion probabilities …

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms and the methods … employed to identify the causal impact of trust on economic performance are reviewed. We document the mechanisms of …

This survey reviews the recent research on trust, institutions, and economic development. It discusses the various … measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that … explain the influence of trust on economic performance and the methods employed to identify the causal impact of trust on …

This paper analyzes the intertemporal variation of trust on economic growth. Constructing a unique global country panel … between trust and growth. 2 Thisrelationship corroborates earlier panel data results but challenges findings that posit a … general positive relationship between trust and growth. Only a minority of global economies can attain a position close to or …