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To investigate the relation between trust and formal institutions, we analyze bilateral trade patterns in a sample of … 16 European countries between 1996-2009. Trust in trading partners has a significant positive effect on bilateral trade …. However, our results suggest that trust and formal institutions are substitutes, as the positive effect of trust on trade is …
Persistent link: https://www.econbiz.de/10009294097
This paper analyses the connection between legal origins and generalized trust. Based on recent results of institutions … and trust research it argues that legal origins and trust are connected via the beliefs of agents. Next, it develops … origins and contemporary trust are robustly connected with each other. In a next step, it investigates the deep historical …
Persistent link: https://www.econbiz.de/10010309357
This paper analyses the connection between legal origins and generalized trust. Based on recent results of institutions … and trust research it argues that legal origins and trust are connected via the beliefs of agents. Next, it develops … origins and contemporary trust are robustly connected with each other. In a next step, it investigates the deep historical …
Persistent link: https://www.econbiz.de/10010955033
behave honestly, preceded and followed by a non-contractible and non-enforceable trust game. Significant increases in … individual trust and trustworthiness follow exposure to ‘better’ institutions. A reduction by one percentage point in the … trust by 7 to 11%, and trustworthiness by 13 to 19%. This suggests that moral norms of cooperative behavior can follow …
Persistent link: https://www.econbiz.de/10010662770
true quite independently of survey evidence about bilateral trust. These findings are obtained in a sample of the 15 …
Persistent link: https://www.econbiz.de/10011872108
true quite independently of survey evidence about bilateral trust. These findings are obtained in a sample of the 15 …
Persistent link: https://www.econbiz.de/10011847586
Trust in the citizens of a potential partner country may affect the decision to trade with or to migrate to a foreign … country. This paper employs panel data to examine the causal impact of such bilateral trust on international trade and … migration patterns. We apply instrumental variables (IV) approaches that capture the exogenous variance of bilateral trust …
Persistent link: https://www.econbiz.de/10010312867
Trust in the citizens of a potential partner country may affect the decision to trade with or to migrate to a foreign … country. This paper employs panel data to examine the causal impact of such bilateral trust on international trade and … migration patterns. We apply instrumental variables (IV) approaches that capture the exogenous variance of bilateral trust …
Persistent link: https://www.econbiz.de/10010319520
Trust in the citizens of a potential partner country may affect the decision to trade with or to migrate to a foreign … country. This paper employs panel data to examine the causal impact of such bilateral trust on international trade and … migration patterns. We apply instrumental variables (IV) approaches that capture the exogenous variance of bilateral trust …
Persistent link: https://www.econbiz.de/10009740340
Trust in the citizens of a potential partner country may affect the decision to trade with or to migrate to a foreign … country. This paper employs panel data to examine the causal impact of such bilateral trust on international trade and … migration patterns. We apply instrumental variables (IV) approaches that capture the exogenous variance of bilateral trust …
Persistent link: https://www.econbiz.de/10009743839