Social Trust and the Growth of Schooling

Aarhus School of Business, Department of Economics Working Paper No. 07-6

52 Pages Posted: 26 Jun 2007

See all articles by Christian Bjørnskov

Christian Bjørnskov

Aarhus University - Department of Economics and Business; Research Institute of Industrial Economics (IFN); Center for Political Studies; Institute for Corruption Studies

Date Written: June 2007

Abstract

The paper develops a simple model to exemplify 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.

Keywords: Trust, Schooling, Economic development

JEL Classification: J24, O15, Z13

Suggested Citation

Bjørnskov, Christian, Social Trust and the Growth of Schooling (June 2007). Aarhus School of Business, Department of Economics Working Paper No. 07-6. Available at SSRN: https://ssrn.com/abstract=995258 or http://dx.doi.org/10.2139/ssrn.995258

Christian Bjørnskov (Contact Author)

Aarhus University - Department of Economics and Business ( email )

Fuglesangs Allé 4
Aarhus V, DK-8210
Denmark

Research Institute of Industrial Economics (IFN) ( email )

Box 55665
Grevgatan 34, 2nd floor
Stockholm, SE-102 15
Sweden

Center for Political Studies

Landgreven 3
Copenhagen K, DK-1301
Denmark

Institute for Corruption Studies

Stevenson Hall 425
Normal, IL 61790-4200
United States

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