Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/82750 
Year of Publication: 
2005
Series/Report no.: 
Working Paper No. 2005:1
Publisher: 
Uppsala University, Department of Economics, Uppsala
Abstract: 
We conduct an extensive robustness analysis of the relationship between trust and growth for a later time period (the 1990s) and with a bigger sample (63 countries) than previous studies. In addition to robustness tests that focus on model uncertainty, we use Least Trimmed Squares, a robust estimation technique, to identify outliers and investigate how they affect the results. We find that the trust-growth relationship is less robust with respect to empirical specification and to countries in the sample than previously claimed, and that outliers affect the results. Nevertheless trust seems quite important compared with many other growth-regression variables.
Subjects: 
trust
growth
robustness analysis
extreme bounds analysis
social capital
least trimmed squares
outliers
JEL: 
O40
Z13
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
275.54 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.