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 …

Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …

We conduct an extensive robustness analysis of the relationship between trust and growth for a later time period (the … results. We find that the trust-growth relationship is less robust with respect to empirical specification and to countries in … the sample than previously claimed, and that outliers affect the results. Nevertheless trust seems quite important …

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 …

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …, the trust coefficient is half as large as in previous findings. …

criteria to other measures of capital stock. Compared with more standard measures of social capital and trust, our measure is …

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …, the trust coefficient is half as large as in previous findings …

and informal contacts formed through social networks, has an impact on financial development. Utilizing a large cross … financial development. We are able to examine different types of social connections for our sample firms and find that informal … and nonprofessional relationships matter the most for financial market development. These findings are robust to …

Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …