Trust and schooling in the United States
AbstractI investigate the effects of trust on human capital measured as average years of schooling in U.S. states using data from the 1980s and the 1990s. I find robust evidence that an increase in trust increases schooling across U.S. states. According the results of the seemingly unrelated regression estimation, a 25 percentage point increase in Trust increases the average years of schooling by approximately 1.5 months. This is not insignificant since more than $5000 increase in per capita income (in 2000 prices) is needed to have the same effect on schooling.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics of Education Review.
Volume (Year): 30 (2011)
Issue (Month): 5 (October)
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Web page: http://www.elsevier.com/locate/econedurev
Trust Social capital Schooling;
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