Trust and Growth

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 prices by 1.25 percentage points, and the growth rate of employment by 2.5 percentage points over a decade.

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Year of publication:	2007
Authors:	Dincer, Oguzhan ; Uslaner, Eric
Publisher:	Milano : Fondazione Eni Enrico Mattei (FEEM)
Subject:	Vertrauen \| Social Capital \| Wirtschaftswachstum \| Schätzung \| USA \| Trust \| Economic Growth

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Series:	Nota di Lavoro ; 73.2007
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	551464313 [GVK] hdl:10419/74230 [Handle] RePEc:fem:femwpa:2007.73 [RePEc]
Classification:	Z13 - Social Norms and Social Capital ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	EconStor

Persistent link: https://www.econbiz.de/10010312581