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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
Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …
Persistent link: https://www.econbiz.de/10010312581
Drawing on survey data, this study carries out an assessment of the Italian regions’ endowments of social capital and of its relationship with well-being and the quality of development. The contribution of the paper to the literature is threefold: first, we advance a framework for the...
Persistent link: https://www.econbiz.de/10010575257
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
For a cross-section of 123 European regions, we find evidence for a positive effect of generalized trust on regional … recent literature on the effects of climate on historic trust levels. The popular explanation for spatial clustering of … be better explained by a positive influence of trust on innovation and spatial clustering of trust. …
Persistent link: https://www.econbiz.de/10010126949
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/10010319479
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/10010766380
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/10011084699
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
This chapter surveys the major contributions to the rapidly growing empirical literature on social capital and economic performance, focusing primarily on cross-country approaches. It first addresses characteristics of governments that fall under broad definitions of the term social capital. It...
Persistent link: https://www.econbiz.de/10008565125