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This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...
Persistent link: https://www.econbiz.de/10010312487
This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...
Persistent link: https://www.econbiz.de/10005230901
Persistent link: https://www.econbiz.de/10011770429
This paper connects two strands of the literature on social trust by estimating the effects of trust on growth through … squares estimator on a sample of countries for which a full data set is available. The results indicate that trust affects … effect (rule of law) on the growth rate. The paper closes with a short discussion of the relevance of the findings. …
Persistent link: https://www.econbiz.de/10005771253
trust in laboratory games. The paper employs experimental data for representative samples of individuals in four Latin … American capital cities (Bogota, Lima, Montevideo, and San Jose), finding that participation in welfare programs damage trust … the notion that low take-up rates may be due to stigma linked with trust and social capital, rather than transaction costs. …
Persistent link: https://www.econbiz.de/10010278260
The purpose of this paper is to reflect, from an economist`s point of view, on the methodological issues raised by the study of social capital. This term has been used in many different ways to cover a broad range of phenomena (Durlauf & Fafchamps 2002). Perhaps it is best seen as a way of...
Persistent link: https://www.econbiz.de/10005051085
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. …
Persistent link: https://www.econbiz.de/10010320031
Persistent link: https://www.econbiz.de/10005612970
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. …
Persistent link: https://www.econbiz.de/10005645408
In this chapter, Quentin Grafton, Stephen Knowles and Dorian Owen examine the implications for productivity arising from the level of social diversity along a variety of dimensions, including ethnic, linguistic and religious differences and inequalities between rich and poor. Their basic...
Persistent link: https://www.econbiz.de/10005650211