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dc.contributor.authorVolland, Benjaminen
dc.date.accessioned2010-12-08-
dc.date.accessioned2012-04-11T09:30:49Z-
dc.date.available2012-04-11T09:30:49Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aFriedrich Schiller University Jena and Max Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aJena Economic Research Papers |x2010,080en
dc.subject.jelB40en
dc.subject.jelO11en
dc.subject.jelZ13en
dc.subject.ddc330en
dc.subject.keywordtrusten
dc.subject.keywordinstitutionsen
dc.subject.keywordeconomic growthen
dc.subject.stwVertrauenen
dc.subject.stwInstitutionalismusen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwSoziale Werteen
dc.subject.stwSchätzungen
dc.subject.stwWelten
dc.titleTrust, confidence and economic growth: An evaluation of the Beugelsdijk Hypothesis-
dc.typeWorking Paperen
dc.identifier.ppn641287143en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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