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Social trust and human development

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  • Özcan, Burcu
  • Bjørnskov, Christian

Abstract

A series of studies connect social trust to economic growth. In this paper, we explore the connection between trust and a broader measure of development, the UN Human Development Index. We find that trust is significantly associated with faster human development in the 1980–2005 period. The impact of trust occurs mainly in less democratic countries.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 40 (2011)
Issue (Month): 6 ()
Pages: 753-762

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Handle: RePEc:eee:soceco:v:40:y:2011:i:6:p:753-762

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Web page: http://www.elsevier.com/locate/inca/620175

Related research

Keywords: Social trust; human development;

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References

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Cited by:
  1. Wahl, Fabian, 2012. "Why it matters what people think: Beliefs, legal origins and the deep roots of trust," FZID Discussion Papers 52-2012, University of Hohenheim, Center for Research on Innovation and Services (FZID).
  2. Horváth, Roman, 2013. "Does trust promote growth?," Journal of Comparative Economics, Elsevier, vol. 41(3), pages 777-788.
  3. Czapinski, Janusz, 2013. "The economics of happiness and psychology of wealth," MPRA Paper 52897, University Library of Munich, Germany.

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