Effects of Law and Social Network on Trust

• 발행기관: 한국재정학회(구 한국재정·공공경제학회)
• 저자명: 이동원
• 간행물 정보: 『한국재정학회 학술대회 논문집』2010년도 춘계학술대회 논문집, 1~34쪽, 전체 34쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2010.03.30

영문 초록

This paper examines the two most hypothesized determinants of generalized trust: formal institutions and networks of voluntary associations. Formal institutions, such as the law, reduce the risk of betrayal by enforcing contracts and settling disputes. Dense networks of voluntary associations promote trust by encouraging horizontal relationships. Using data drawn from a sample of 72 countries, this paper finds that neither laws nor associations are robust determinants of generalized trust. The effects of laws on trust are significant for wealthy, industrialized countries only, while the effects of social networks are significant for countries with a more homogeneous socio-income base.

목차

1. Introduction

2. Theory

3. Empirical Test

4. Robustness Checks: Do Income and Heterogeneity Change the Results?

5. Concluding Remarks

키워드

Trust Rule of Law Social Network Social Capital