Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/56888
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dc.contributor.authorVolland, Benjaminen_US
dc.date.accessioned2010-12-08en_US
dc.date.accessioned2012-04-11T09:30:49Z-
dc.date.available2012-04-11T09:30:49Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/56888-
dc.description.abstractThis paper analyses the hypothesis that the robust relationship between trust - as measured by the World Values Survey's question 'In general, do you think that most people can be trusted, or that you can't be too careful in dealing with people?' - and economic growth, established by empirical macroeconomic growth literature (Knack & Keefer, 1997; Zak & Knack, 2001; Beugelsdijk, de Groot, & van Schaik, 2004; Dearmon & Grier, 2009) in fact captures the well-functioning of institutions. Our results reveal that the correlation between trust and economic growth is robust in terms of statistical significance and sign of the estimated coefficient, when controling for the respondents' perceived well-functioning of institutions. While underlining the existing empirical evidence that trust matters in explaining differences in economic performance, our results also show that this influence is largely independent of institutional well-functioning.en_US
dc.language.isoengen_US
dc.publisher|aUniv. [u.a.] |cJenaen_US
dc.relation.ispartofseries|aJena economic research papers |x2010,080en_US
dc.subject.jelB40en_US
dc.subject.jelO11en_US
dc.subject.jelZ13en_US
dc.subject.ddc330en_US
dc.subject.keywordtrusten_US
dc.subject.keywordinstitutionsen_US
dc.subject.keywordeconomic growthen_US
dc.subject.stwVertrauenen_US
dc.subject.stwInstitutionalismusen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwSoziale Werteen_US
dc.subject.stwSchätzungen_US
dc.subject.stwWelten_US
dc.titleTrust, confidence and economic growth: An evaluation of the Beugelsdijk Hypothesisen_US
dc.typeWorking Paperen_US
dc.identifier.ppn641287143en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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