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| Author: | Beugelsdijk, S. Groot, H. L. F. de Schaik, A. B. T. M. |
| Title: | Trust and economic growth: a robustness analysis |
| Journal: | Oxford Economic Papers
2004 : JAN, VOL. 56:1, p. 118-134 |
| Index terms: | Economic growth Trust |
| Language: | eng |
| Abstract: | The authors analyse the robustness of results on the relationship between growth and trust previously derived by Knack and Keefer (1997) and Zak and Knack (2001) along several dimensions, acknowledging the complexity of the concept of robustness. The results point at a relatively important role for trust. However, the answer to the question how large this payoff actually is depends on the set of conditioning variables controlled for in the regression analysis and - to an even larger extent - on the underlying sample. |
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