Trust and economic growth : a robustness analysis

  title={Trust and economic growth : a robustness analysis},
  author={By Sjoerd Beugelsdijk and Henri L. F. de Groot and Anton B. T. M. van Schaik},
Economists increasingly pay attention to social capital as an important determinant of macroeconomic growth performance. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal paper, Knack and Keefer (1997) assess the effect of trust on growth. This paper analyses the robustness of their results along several dimensions, acknowledging the complexity of the robustness concept. Our findings show that the robustness of the… CONTINUE READING
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