A Road to Trust

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...

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Bibliographic Details
Main Authors:	Labonne, Julien, Chase, Robert S.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Organizational Behavior Transaction Costs Property Rights D230 Microeconomic Analyses of Economic Development O120 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation Systems: Government and Private Investment Analysis Road Maintenance, Transportation Planning R420 Economic Sociology Economic Anthropology Social and Economic Stratification Z130
Online Access:	http://hdl.handle.net/10986/4653

id	okr-10986-4653
recordtype	oai_dc
spelling	okr-10986-46532021-04-23T14:02:19Z A Road to Trust Labonne, Julien Chase, Robert S. Organizational Behavior Transaction Costs Property Rights D230 Microeconomic Analyses of Economic Development O120 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation Systems: Government and Private Investment Analysis Road Maintenance, Transportation Planning R420 Economic Sociology Economic Anthropology Social and Economic Stratification Z130 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. 2012-03-30T07:29:04Z 2012-03-30T07:29:04Z 2010 Journal Article Journal of Economic Behavior and Organization 01672681 http://hdl.handle.net/10986/4653 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Philippines
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Organizational Behavior Transaction Costs Property Rights D230 Microeconomic Analyses of Economic Development O120 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation Systems: Government and Private Investment Analysis Road Maintenance, Transportation Planning R420 Economic Sociology Economic Anthropology Social and Economic Stratification Z130
spellingShingle	Organizational Behavior Transaction Costs Property Rights D230 Microeconomic Analyses of Economic Development O120 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation Systems: Government and Private Investment Analysis Road Maintenance, Transportation Planning R420 Economic Sociology Economic Anthropology Social and Economic Stratification Z130 Labonne, Julien Chase, Robert S. A Road to Trust
geographic_facet	Philippines
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
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.
format	Journal Article
author	Labonne, Julien Chase, Robert S.
author_facet	Labonne, Julien Chase, Robert S.
author_sort	Labonne, Julien
title	A Road to Trust
title_short	A Road to Trust
title_full	A Road to Trust
title_fullStr	A Road to Trust
title_full_unstemmed	A Road to Trust
title_sort	road to trust
publishDate	2012
url	http://hdl.handle.net/10986/4653
_version_	1764392265636118528

A Road to Trust

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