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Social Trust and the Growth of Schooling

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The paper develops a simple model to examine how social trust might affect the growth of schooling through lowering transaction costs associated with employing educated individuals. In a sample of 52 countries, the paper thereafter provides empirical evidence that trust has led to faster growth of schooling in the period 1960-2000. The findings are robust to the inclusion of a set of control variables and being estimated using an instrumental variables approach.
Original languageEnglish
JournalEconomics of Education Review
Pages (from-to)249-257
Number of pages9
Publication statusPublished - 2009

    Research areas

  • Trust, Schooling, Economic development

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ID: 29612