Social trust and human development |
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| Authors: | Burcu Özcan Christian Bjørnskov[Author vitae] |
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| Institution: | aDepartment of Economics, Aarhus University, Hermodsvej 22, DK-8230 Åbyhøj, Denmark;bEconomics and European Studies, Istanbul University, 34452 Beyazit/Eminonu-Istanbul, Turkey |
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| Abstract: | A series of studies connect social trust to economic growth. In this paper, we explore the connection between trust and a broader measure of development, the UN Human Development Index. We find that trust is significantly associated with faster human development in the 1980–2005 period. The impact of trust occurs mainly in less democratic countries. |
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| Keywords: | JEL classification: Z13 O10 |
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