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Does trust promote growth?
Horváth, Roman - 2012
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 …
Persistent link: https://www.econbiz.de/10010322193
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Does Trust Promote Growth?
Horváth, Roman - 2012
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 …
Persistent link: https://www.econbiz.de/10010318411
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Does trust promote growth?
Horváth, Roman - 2012
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 …
Persistent link: https://www.econbiz.de/10009520657
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Does Trust Promote Growth?
Horváth, Roman - 2012
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 …
Persistent link: https://www.econbiz.de/10009566413
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Trust, growth and well-being : new evidence and policy implications
Algan, Yann; Cahuc, Pierre - 2013
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 …
Persistent link: https://www.econbiz.de/10009763283
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Chapter 2. Trust, Growth, and Well-Being: New Evidence and Policy Implications
Algan, Yann; Cahuc, Pierre - 2014
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 …
Persistent link: https://www.econbiz.de/10014025609
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Explaining happiness trends in Europe
Easterlin, Richard A.; O'Connor, Kelsey J. - 2023
In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
Persistent link: https://www.econbiz.de/10013502264
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The rise and fall of enforcement institutions : an example of religion and secularism
Ciaian, Pavel; Pokrivčák, Ján; Kancs, D'Artis - 2011
Societies in Western civilisation enforce their rules through formal institutions such as secularism (SES), whereas in less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to explain the determinants of societies’ choice between...
Persistent link: https://www.econbiz.de/10011524872
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Roots of autocracy
Galor, Oded; Klemp, Marc P. B. - 2017
Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of human from Africa tens of...
Persistent link: https://www.econbiz.de/10011645955
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The deep determinants of the middle-income trap
Glawe, Linda; Wagner, Helmut - 2017
The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and institutions have been found to be decisive for the break...
Persistent link: https://www.econbiz.de/10012205933