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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/10012767243
This analysis assesses the role of social capital in generating heterogeneity in growth processes across U.S. counties by estimating growth regressions, using the novel semiparametric smooth coefficient quantile regression method in which parameters are unspecified functions of a measure of...
Persistent link: https://www.econbiz.de/10010577135
In this paper we develop a formal model of economic growth and two types of social capital. Following extant literature, we model social capital as participation in two types of social networks: first, closed networks of family and friends, and, second, open networks that bridge different...
Persistent link: https://www.econbiz.de/10013159914
paper, Knack and Keefer (1997) assess the effect of trust on growth. This paper analyses the robustness of their results … the relationship between trust and growth in terms of both the size and the significance of the estimated effect, is … highly dependent on the set of conditioning variables. An answer to the question whether there is an economic payoff of trust …
Persistent link: https://www.econbiz.de/10011326961
This research is an attempt to assess the impact of trust, helpfulness, and fairness on economic growth in Europe. The … first part of the paper highlights the concept of social capital and the related concept of trust, while the second part …: generalized trust, helpfulness, and fairness, which can be combined into an aggregated variable, called 'cooperation capital'. The …
Persistent link: https://www.econbiz.de/10013407469
shifted the policy debate from growth to inclusive growth. In this short note, we revisit the trust-growth nexus by exploiting … variables are used as additional controls. The findings broadly support the positive role of trust in QG. In addition …, relatively high thresholds of inequality are needed to change this positive trust-QG nexus in some distributions. …
Persistent link: https://www.econbiz.de/10011408408
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. Secondly, when initial levels of growth come into play in …
Persistent link: https://www.econbiz.de/10011409952
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/10011794974
This research study summarises the effects of corruption in Brazil and its effects on the economic growth of the country, both on the governmental and corporate level. By making use of the theoretical approach of Pak Hung Mo and his model of the economic growth which takes into consideration...
Persistent link: https://www.econbiz.de/10012955728