Trust and Growth
Data
01.01.2007
01.01.2007
Autori
Oguzhan Dincer, Eric Uslaner
Codice JEL
Z13,R11
Z13,R11
Parole chiave:
Trust,Economic Growth
Trust,Economic Growth
Publisher
Economy and Society
Economy and Society
Editor
Gianmarco I.P. Ottaviano
Gianmarco I.P. Ottaviano
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.