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While the beneficial effects of social trust on economic performance have been largely recognized, we analyze whether … regression approach that enables us to capture heterogeneous effects of trust for different development levels. By considering … data for 80 countries, and using trust indicators from five different waves of the World Values Survey (WVS), our results …
Persistent link: https://www.econbiz.de/10011056269
While the beneficial effects of social trust on economic performance have been largely recognized, we analyze whether … regression approach that enables us to capture heterogeneous effects of trust for different development levels. By considering … data for 80 countries, and using trust indicators from five different waves of the World Values Survey (WVS), our results …
Persistent link: https://www.econbiz.de/10010686717
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
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/10014516352
lowering transaction costs. Trust towards strangers and low level of corruption are examples of high level of social capital …
Persistent link: https://www.econbiz.de/10005545955
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 paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...
Persistent link: https://www.econbiz.de/10010312487
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/10011390846