Date of This Version
July 2007
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.
Recommended Citation
Dincer, Oguzhan and Uslaner, Eric, "Trust and Growth" (July 17, 2007). Fondazione Eni Enrico Mattei Working Papers. Paper 134.
https://services.bepress.com/feem/paper134
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