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. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their … attitudes. We show that trust inherited by second-generation Americans from their country of origins has changed over time. This … result allows us to use the inherited trust of secondgeneration Americans as a time-varying instrument to track back the …
Persistent link: https://www.econbiz.de/10008575207
when government size is not associated with economic growth in the developed stage. (2) Particularized trust is positively … satisfaction when government size impedes economic growth in the economic developing stage. However, this effect clearly decreases … stage. These results are unchanged when the endogeneity bias caused by local government size and proxies of trust are …
Persistent link: https://www.econbiz.de/10008549640
This paper connects two strands of the literature on social trust by estimating the effects of trust on growth through … squares estimator on a sample of countries for which a full data set is available. The results indicate that trust affects … effect (rule of law) on the growth rate. The paper closes with a short discussion of the relevance of the findings. …
Persistent link: https://www.econbiz.de/10005771253
. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their … attitudes. We show that trust inherited by second-generation Americans from their country of origins has changed over time. This … result allows us to use the inherited trust of second-generation Americans as a time-varying instrument to track back the …
Persistent link: https://www.econbiz.de/10005124005
higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005416497
This paper 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/10005062449
The paper extends Breggren et al. (2008, EE) on "trust and growth: a shaky relationship" by incorporating recent … developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of … documented positive trust-growth nexus is broadly confirmed. Second, when initial levels of growth come into play in determining …
Persistent link: https://www.econbiz.de/10011956941
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/10005644595
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/10005645408
In this chapter, Quentin Grafton, Stephen Knowles and Dorian Owen examine the implications for productivity arising from the level of social diversity along a variety of dimensions, including ethnic, linguistic and religious differences and inequalities between rich and poor. Their basic...
Persistent link: https://www.econbiz.de/10005650211