ISBN:
9780444535474
Content:
This survey reviews the recent research on trust, institutions, and economic development. It discusses the various measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that explain the influence of trust on economic performance and the methods employed to identify the causal impact of trust on economic performance are reviewed. We document the mechanisms of interactions between trust and economic development in the realms of finance, innovation, the organization of firms, the labor market, and the product market. The last part reviews recent progress to identify how institutions and policies can affect trust.
In:
Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 49-120, 9780444535474
In:
0444535470
In:
9780444535467
In:
year:2014
In:
pages:49-120
Language:
English
DOI:
10.1016/B978-0-444-53538-2.00002-2
URL:
Volltext
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