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"The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road construction), there is an increase in generalized...
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"The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road construction), there is an increase in generalized...
Persistent link: https://www.econbiz.de/10010521053
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We test the hypothesis that cooperative membership is a trust and trustworthiness reinforcing device and that, as such, it affects (in a trust game) both trustors' and trustees' transfers and beliefs. In considering trust games played by sugar farmers in the Philippines, we find that (i)...
Persistent link: https://www.econbiz.de/10013059918
The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road construction), there is an increase in generalized...
Persistent link: https://www.econbiz.de/10012552498
Given the instrumental value of trust to development, knowing what builds trust in government officials is relevant to policy. Also, establishing empirically whether satisfaction with their performances is related to public assistance could guide accountability measures to improve public service...
Persistent link: https://www.econbiz.de/10012625239