Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/175067
Authors: 
Bergh, Andreas
Funcke, Alexander
Year of Publication: 
2016
Series/Report no.: 
IFN Working Paper 1130
Abstract: 
The sharing economy (peer-to-peer based sharing or renting activities coordinated through community-based online services) is typically assumed to be closely related to social trust. The two sharing economy companies Airbnb and Flipkey exist in over 100 countries, allowing us to construct a measure of sharing economy penetration to test against social trust and other potential explanations. Results indicate that sharing economy penetration is promoted by ICT-infrastructure and economic openness, whereas the correlation with social trust is negative and often statistically significant. Our conclusion is that sharing economy services do not require high levels of social trust to succeed. Rather, they provide institutions that facilitate trust- intensive economic activities also where social trust is low.
Subjects: 
Sharing economy
Trust
Information technology
JEL: 
E20
O17
M13
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
File
Size
214.93 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.