Economics at your fingertips  

The productivity of trust

Christian Bjørnskov () and Pierre-Guillaume Méon ()

Post-Print CEB, 2015

Abstract: This paper tests whether social trust affects total factor productivity (TFP). Using both development and growth accounting, we find strong evidence of a causal positive effect of social trust on the level and growth of TFP. We moreover observe that the effect of social trust on TFP runs through economic-judicial institutions, but not through political institutions. Those findings resist a series of robustness checks.

Keywords: Total factor productivity; Social trust; Institutions (search for similar items in EconPapers)
Date: 2015
Note: SCOPUS: ar.j
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link) Œuvre complète ou partie de l'œuvre (application/pdf)

Related works:
Journal Article: The Productivity of Trust (2015) Downloads
Working Paper: The productivity of trust (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from ...

Access Statistics for this article

More articles in Post-Print CEB from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().

Page updated 2021-04-12
Handle: RePEc:sol:spaper:2013/190498