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Trust and Growth

Author

Listed:
  • Yann Algan

    (Department of Economics, Sciences Po, 75007 Paris, France)

  • Pierre Cahuc

    (ENSAE-CREST, Ecole Polytechnique, F-91128 Paris, France)

Abstract

This article surveys recent research on the relationship between trust and growth. It documents the strong international and interregional heterogeneity of trust. The theoretical mechanisms that explain the influence of trust on economic performance and the empirical methods used to identify the causal impact of trust on economic performance are reviewed.

Suggested Citation

  • Yann Algan & Pierre Cahuc, 2013. "Trust and Growth," Annual Review of Economics, Annual Reviews, vol. 5(1), pages 521-549, May.
    • Handle: RePEc:anr:reveco:v:5:y:2013:p:521-549
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-081412-102108
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    Keywords

    culture; social capital;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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