A Road to Trust

Labonne, Julien; Chase, Robert S.

dc.creator	Labonne, Julien
dc.creator	Chase, Robert S.
dc.date	2012-03-30T07:29:04Z
dc.date	2012-03-30T07:29:04Z
dc.date	2010
dc.date.accessioned	2023-02-18T19:43:55Z
dc.date.available	2023-02-18T19:43:55Z
dc.identifier	Journal of Economic Behavior and Organization
dc.identifier	01672681
dc.identifier	http://hdl.handle.net/10986/4653
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/250130
dc.description	We explore the relationship between transaction costs and generalized trust. Using panel data from 2100 households in 135 poor rural communities of the Philippines, we show that where costs of interactions are reduced there is an increase in generalized trust. These results have implications for the literature on the links between trust and growth. Indeed, rather than being an input to economic growth, trust might be a product of reduced costs of interactions which also favors growth. Specifically, we find that the individuals most likely to engage in exchange exhibit an increase in trust after road construction.
dc.language	EN
dc.relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights	World Bank
dc.subject	Organizational Behavior
dc.subject	Transaction Costs
dc.subject	Property Rights D230
dc.subject	Microeconomic Analyses of Economic Development O120
dc.subject	Formal and Informal Sectors
dc.subject	Shadow Economy
dc.subject	Institutional Arrangements O170
dc.subject	Economic Development: Regional, Urban, and Rural Analyses
dc.subject	Transportation O180
dc.subject	Transportation Systems: Government and Private Investment Analysis
dc.subject	Road Maintenance, Transportation Planning R420
dc.subject	Economic Sociology
dc.subject	Economic Anthropology
dc.subject	Social and Economic Stratification Z130
dc.title	A Road to Trust
dc.type	Journal Article
dc.type	Journal Article
dc.coverage	Philippines