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The predicting abilities of social trust and good governance on economic crisis duration

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  • Nguyen, Jessica
  • Dihn, Tue
  • Selart, Marcus

Abstract

In this paper, we uncover the relationships among social trust, corruption and the duration of economic crises. Our theoretical foundation is based on a collection of studies from different academic fields, especially political science, sociology and economics. We corroborate our arguments with both descriptive analysis and regression analysis of secondary data. Our dataset includes 11,364 observations distributed across 211 countries. The quantitative findings show that social trust is correlated with the duration of economic crises. Connecting our theoretical stance with the empirical evidence, we propose several possible explanations for the findings and provide both theoretical and practical implications.

Suggested Citation

  • Nguyen, Jessica & Dihn, Tue & Selart, Marcus, 2024. "The predicting abilities of social trust and good governance on economic crisis duration," SocArXiv 4vfw7, Center for Open Science.
    • Handle: RePEc:osf:socarx:4vfw7
    DOI: 10.31219/osf.io/4vfw7
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