We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers … different measures of supplier-buyer trust, that higher levels of trust mitigate relationship-specific underinvestment in a … classical hold-up situation. Moreover, contrary to the extant literature, we show that higher levels of supplier's trust are …

We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … differences among people in the bottom half of the income distribution, are associated with lower trust. The relationship between … income inequality and trust is particularly strong for people with a strong aversion against income differentials. We also …

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 …

We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and interactions with … for trust to emerge between people. …

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 …

different dimensions of trust. In thispaper we estimate effects of closure positions on two dimensions of trust (trust in … strongly support the gossip argument for bothdimensions of trust. However, the data only gave weak and ambiguous support for …

suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the … lack of trust between trading partners, e.g. because of cultural differences and habits, or because of insufficient …

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 explore the determinants and effects of trust relationships between upstream suppliers and downstream producers … different measures of supplier-buyertrust, tha thigher levels of trust mitigate relationship-specific underinvestment in a … classical hold-up situation. Moreover, contrary to the extant literature, we show that higher levels of supplier's trust are …