An Empirical Analysis of Social Capital and Economic Growth in Europe (1980–2000)

Neira, Isabel; Rozas, Emilia Vázquez; Portela, Marta

doi:10.1007/s11205-008-9292-x

Cited by 54 publications

(55 citation statements)

References 30 publications

(25 reference statements)

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“…Using data from the World Values Survey for 29 market economies, Knack and Keefer (1997) find that trust positively correlates with economic performance. Similar results are reported by Neira et al (2009) for a sample of fourteen OECD countries. The analysis of Zak and Knack (2001) suggests that low trust-environments lead to lower rates of investment.…”

Section: Introductionsupporting

confidence: 87%

Trust and Financial Crisis Experiences

2015

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Using eight annual household surveys for the Netherlands between 2006 and 2013, we find that respondents' personal adverse financial crisis experiences do not only reduce their trust in banks, but also have an immediate negative effect on generalized trust. Respondents who were customers of a bank that ran into problems have less trust in banks than respondents without this experience. Respondents who were customer of a bank that failed have a significantly stronger decline of generalized trust than other respondents. Our results also suggest that personal financial crisis experiences do not have a significant direct effect on trust in the banking supervisor.

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Section: Introductionsupporting

confidence: 87%

Trust and Financial Crisis Experiences

2015

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“…Since the turn of the century, the economic literature has begun to attach importance to this factor as one of the production functions, and -in this sense-its measurement provides one of the key elements to be considered. There are numerous studies confirming the importance of social capital in growth and development (Whiteley, 2000;Zak & Knack, 2001;Grootaer & Narayan, 2004;Tabellini, 2005;Beugelsdijk & Van Schaik, 2005;Roth, 2007;Dinda, 2008;Akçomak & ter Weel, 2008;Neira et al, 2009;Guisán, 2009;Dincer & Uslaner, 2010).…”

Section: Definition and Importance Of Social Capitalmentioning

confidence: 99%