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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.

Suggested Citation

  • Özcan, Burcu & Bjørnskov, Christian, 2011. "Social trust and human development," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(6), pages 753-762.
  • Handle: RePEc:eee:soceco:v:40:y:2011:i:6:p:753-762
    DOI: 10.1016/j.socec.2011.08.007
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    References listed on IDEAS

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    Cited by:

    1. Horváth, Roman, 2013. "Does trust promote growth?," Journal of Comparative Economics, Elsevier, vol. 41(3), pages 777-788.
    2. Svendsen, Gunnar Lind Haase & Svendsen, Gert Tinggaard, 2016. "How did trade norms evolve in Scandinavia? Long-distance trade and social trust in the Viking age," Economic Systems, Elsevier, vol. 40(2), pages 198-205.
    3. Yann Algan & Pierre Cahuc, 2010. "Inherited Trust and Growth," American Economic Review, American Economic Association, vol. 100(5), pages 2060-2092, December.
    4. repec:pos:journl:31-1 is not listed on IDEAS
    5. 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).
    6. Czapinski, Janusz, 2013. "The economics of happiness and psychology of wealth," MPRA Paper 52897, University Library of Munich, Germany.
    7. Batrancea Larissa, 2015. "The Link Between Human Development And Tax Compliance: Evidence From A Mediation Analysis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 41-45, December.

    More about this item

    Keywords

    Social trust; human development;

    JEL classification:

    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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