The Productivity of Trust

被引：90

作者：

Bjornskov, Christian ^{[1
,3
]}

Meon, Pierre-Guillaume ^{[2
]}

机构：

[1] Aarhus Univ, Aarhus V, Denmark

[2] ULB, Solvay Brussels Sch Econ & Management, Ctr Emile Bernheim, Brussels, Belgium

[3] IFN, Stockholm, Sweden

来源：

WORLD DEVELOPMENT | 2015年 / 70卷

关键词：

total factor productivity; social trust; institutions; SOCIAL TRUST; ECONOMIC-GROWTH; ACCUMULATION; OPENNESS; LECTURE; IMPACT; INCOME;

D O I：

10.1016/j.worlddev.2015.01.015

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

This paper tests whether social trust affects total factor productivity (TFP). Using both development and growth accounting, we find strong evidence of a causal positive effect of social trust on the level and growth of TFP. We moreover observe that the effect of social trust on TFP runs through economic-judicial institutions, but not through political institutions. Those findings resist a series of robustness checks. (C) 2015 Elsevier Ltd. All rights reserved.

引用

页码：317 / 331

页数：15

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