Cited by 138Economic Growth and ProductivityCulture, Economy, and Development StudiesEconomic Growth and Development

The productivity of trust

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Bjørnskov, Christian, Méon, Pierre-Guillaume·2015·World Development

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Crossref · 10.1016/j.worlddev.2015.01.015

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  • Trust in institutions and other people is a key factor in social and economic progress as well as democratic stability.

    “Numerous studies have identified trust -both trust in institutions and trust in other people-as a key factor in social and economic progress as well as democratic stability”

    From Transparency and Trust in Government. Evidence from a Survey Experiment (2021) · cites this paper as Bjørnskov, 2015

    The paper reports a positive association between social trust (trust in other people) and productivity, with effects linked to the quality of economic-judicial institutions (Conclusion, p. 25). It does not establish that trust in institutions has the same role. Section 2.2 (p. 9) distinguishes democratic institutions and says the evidence for an effect of social trust on them is weaker; the paper does not establish a link to democratic stability. (LLM, conf=0.88)

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References 121 · Cited by 138

Research works printed but not linked: 3

  1. Fukuyama, Francis. 1995. Trust: The Civil Virtues and the Creation of Prosperity . Free Press, New York.
  2. Mueller, 2003. Public Choice III . Cambridge University Press, Cambridge, UK.
  3. Prescott, Edward. 1998. Needed: a Theory of Total Factor Productivity. International Economic Review 39, 525-552.

Authors
Bjørnskov, C., & Méon, P.-G.
Affiliations
  • Aarhus University (DK)
  • Université Libre de Bruxelles (BE)
Venue
World Development
Publisher
Elsevier BV
Published
2015-06
Volume
70
Pages
317-331
ISSN
0305-750X (ISSN-L)
OpenAlex
W2106761403
Cited by
138
References
121
Citations by year
2026: 8 · 2025: 9 · 2024: 16 · 2023: 17 · 2022: 14 · 2021: 19 · 2020: 13 · 2019: 9 · 2018: 6 · 2017: 12 · 2016: 3 · 2015: 3 · 2014: 1 · 2013: 2 · 2012: 2
FWCI
19.32
Type
journal article
Language
en
Open access
Locations
  • World Development (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Dépôt institutionnel de l'Université libre de Bruxelles (Université Libre de Bruxelles) (submittedVersion, other-oa)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
  • Social Sciences › Demography › Culture, Economy, and Development Studies
  • Physical Sciences › Computer Science › Information Systems › Economic Growth and Development
Keywords
social trust, total factor productivity, productivity growth, economic institutions, judicial institutions, political institutions, institutional quality

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