Trust and Growth: A Shaky Relationship

Arbeitspapier

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time period and a bigger sample than in previous studies. In addition to robustness tests that focus on model uncertainty, we systematize the investigation of outlier influence on the results by using the robust estimation technique Least Trimmed Squares. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average, the trust coefficient is half as large as in previous findings.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFN Working Paper ; No. 705

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Growth and Aggregate Productivity: General ; Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
• Thema: Trust ; Growth ; Robustness ; Social Capital ; Outliers ; Vertrauen ; Wirtschaftswachstum ; Social Capital ; Schätzung ; Robustes Verfahren

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Berggren, Niclas ; Elinder, Mikael ; Jordahl, Henrik
• Ereignis: Veröffentlichung
• (wer): Research Institute of Industrial Economics (IFN)
• (wo): Stockholm
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/81149
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ