Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74230 
Year of Publication: 
2007
Series/Report no.: 
Nota di Lavoro No. 73.2007
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
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.
Subjects: 
Trust
Economic Growth
JEL: 
Z13
R11
Document Type: 
Working Paper

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