Social trust and the growth of schooling
Christian Bjørnskov ()
No 07-6, Working Papers from University of Aarhus, Aarhus School of Business, Department of Economics
The paper develops a simple model to exemplify how social trust might affect the growth of schooling through lowering transaction costs associated with employing educated individuals. In a sample of 52 countries, the paper thereafter provides empirical evidence that trust has led to faster growth of schooling in the period 1960-2000. The findings are robust to the inclusion of a set of control variables and being estimated using an instrumental variables approach.
Keywords: Trust; Schooling; Economic development (search for similar items in EconPapers)
JEL-codes: J24 O15 Z13 (search for similar items in EconPapers)
Pages: 52 pages
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Journal Article: Social trust and the growth of schooling (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:aareco:2007_006
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