Denna webbplats lagrar cookies i begränsad omfattning. Genom att besöka sidan, godkänner du villkoren i vår integritetspolicy. Läs mer

Empirical Economics

Trust and Growth: A Shaky Relationship

Vetenskaplig artikel på engelska
Referens
Berggren, Niclas, Mikael Elinder och Henrik Jordahl (2008). ”Trust and Growth: A Shaky Relationship”. Empirical Economics 35(2), 251–274. doi.org/10.1007/s00181-007-0158-x

Författare
Niclas Berggren, Mikael Elinder, Henrik Jordahl

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time period and a bigger sample than in previous studies. In addition to robustness tests that focus on model uncertainty, we systematize the investigation of outlier influence on the results by using the robust estimation technique Least Trimmed Squares. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average, the trust coefficient is half as large as in previous findings.