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Marketization process predicts trust decline in China
Institution:1. School of Management and Economics, Beijing Institute of Technology, 5 South, Zhongguancun Street, Haidian, Beijing 100081, China;2. School of Business, Trinity College Dublin, College Green, Dublin 2, Ireland;3. School of Business, Hunan University, 2 South Lushan Road, Yuelu, Changsha, Hunan 410082, China;4. School of Accounting, Henan University of Economics and Law, No. 180 Jinshui East Road, Zhengdong District, Zhengzhou 450046, China
Abstract:Although previous literature has revealed the predictive effect of trust on economic development, whether the level of China’s market economy development predicts changes in trust across birth cohorts remains unknown. Study 1, a cross-temporal meta-analysis of 82 studies (N = 34,151), indicated that Chinese college students’ scores on the Interpersonal Trust Scale (ITS) decreased significantly from 1998 to 2011, and that the decline in interpersonal trust across birth cohorts was negatively associated with and predicated by the marketization index. Study 2 found that the levels of marketization of different provinces in China were negatively associated with the levels of trust in these provinces. The present research first proposed that the marketization process in China may predict or correlate with a trend of declining trust, and then demonstrated the validity of the proposal based on both longitudinal and cross-sectional evidence.
Keywords:College students  Cross-temporal meta-analysis  Economic development  Interpersonal trust  Marketization index
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