Fischer, Justina A. V.; Torgler, Benno - 2008
important determinant of economic phenomena like
macroeconomic performance. For example, Knack and Keefer (1997), in a cross …-sectional
analysis, find a strong and significantly positive relationship between social capital variables
(civic duty) and economic … sets the institutional
framework of economic and social activity at a daily basis.
As already observed for horizontal …