Trust and Growth

Oguzhan Dincer and Eric Uslaner ()

No 2007.73, Working Papers from Fondazione Eni Enrico Mattei

Abstract: Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing prices by 1.25 percentage points, and the growth rate of employment by 2.5 percentage points over a decade.

Keywords: Trust; Economic Growth (search for similar items in EconPapers)
JEL-codes: R11 Z13 (search for similar items in EconPapers)
Date: 2007-07
New Economics Papers: this item is included in nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

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Journal Article: Trust and growth (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2007.73

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