Inherited Trust and Growth

被引：632

作者：

Algan, Yann ^{[1
]}

Cahuc, Pierre ^{[2
]}

机构：

[1] Sci Po, F-75007 Paris, France

[2] CREST, Ecole Polytech, F-92245 Malakoff, France

来源：

AMERICAN ECONOMIC REVIEW | 2010年 / 100卷 / 05期

关键词：

ECONOMIC-DEVELOPMENT; LEGAL ORIGINS; INSTITUTIONS; CULTURE; COOPERATION; PREFERENCES; OTHERS; EUROPE;

D O I：

10.1257/aer.100.5.2060

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper develops a new method to uncover the causal effect of trust on economic growth by focusing on the inherited component of trust and its time variation. We show that inherited trust of descendants of US immigrants is significantly influenced by the country of origin and the timing of arrival of their forebears. We thus use the inherited trust of descendants of US immigrants as a time-varying measure of inherited trust in their country of origin. This strategy allows to identify the sizeable causal impact of inherited trust on worldwide growth during the twentieth century by controlling for country fixed effects. (JEL N11, N12, N31, N32, O47, Z13)

引用

页码：2060 / 2092

页数：33

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