Citizens’ trust in government and their willingness-to-pay

Hyungna Oh and Jong Ho Hong

Economics Letters, 2012, vol. 115, issue 3, 345-347

Abstract: We employ the Hicksian compensating variation and a citizen’s subjective perspective on trustworthiness of government, and draw a positive association between citizens’ trust in government and their willingness-to-pay. Our finding suggests that public projects can be hindered by prevailing distrust toward government.

Keywords: Trust; Credibility; Willingness-to-pay (search for similar items in EconPapers)
JEL-codes: D01 D81 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (25)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:3:p:345-347

DOI: 10.1016/j.econlet.2011.12.010

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