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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. …
Persistent link: https://www.econbiz.de/10005196916
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. …
Persistent link: https://www.econbiz.de/10005642394
We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … the Economic Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and … mechanisms for trust to emerge between people …
Persistent link: https://www.econbiz.de/10014253922
Persistent link: https://www.econbiz.de/10003312826
Persistent link: https://www.econbiz.de/10002552712
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 …
Persistent link: https://www.econbiz.de/10010321616
This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10014023761
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
Social trust has been identified as a catalyst for reforms. We take the literature further in two ways. First, we make … a fine-grained analysis of mechanisms through which social trust enables liberalizing reforms - by strengthening the … areas from reforms that decrease it. We study separately how social trust, interacted with the different types of political …
Persistent link: https://www.econbiz.de/10011603967
Recent studies find that democratization increases economic growth. However, these studies do not always consider the channels through which democratization raises growth. This study considers whether or not democratization improves institutions that have often been argued to increase economic...
Persistent link: https://www.econbiz.de/10013120856