A Road to Trust

The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road cons...

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Main Authors:	Labonne, Julien, Chase, Robert S.
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	COLLECTIVE COLLECTIVE ACTION DEVELOPMENT PROJECT DEVELOPMENT PROJECTS ECONOMIC DEVELOPMENT EQUALITY ETHNIC DIVERSITY FOUNDATIONS HOUSEHOLD TRANSPORT INDIVIDUALS INTERNATIONAL BANK INVESTIGATION MUNICIPALITIES MUNICIPALITY PATHS PERSONS PROXY RECONSTRUCTION REHABILITATION REPUTATION ROAD ROAD BUILDING ROAD CONSTRUCTION ROADS RURAL COMMUNITIES RURAL ROAD RURAL ROAD CONSTRUCTION RURAL ROADS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL NETWORKS SOCIAL NORMS SOCIETIES SUSTAINABLE DEVELOPMENT TRUSTS WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2008/09/9813814/road-trust http://hdl.handle.net/10986/6772

id	okr-10986-6772
recordtype	oai_dc
spelling	okr-10986-67722021-04-23T14:02:32Z A Road to Trust Labonne, Julien Chase, Robert S. COLLECTIVE COLLECTIVE ACTION DEVELOPMENT PROJECT DEVELOPMENT PROJECTS ECONOMIC DEVELOPMENT EQUALITY ETHNIC DIVERSITY FOUNDATIONS HOUSEHOLD TRANSPORT INDIVIDUALS INTERNATIONAL BANK INVESTIGATION MUNICIPALITIES MUNICIPALITY PATHS PERSONS PROXY RECONSTRUCTION REHABILITATION REPUTATION ROAD ROAD BUILDING ROAD CONSTRUCTION ROADS RURAL COMMUNITIES RURAL ROAD RURAL ROAD CONSTRUCTION RURAL ROADS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL NETWORKS SOCIAL NORMS SOCIETIES SUSTAINABLE DEVELOPMENT TRUSTS WEALTH The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road construction), there is an increase in generalized trust. Consistent with the argument that generalized trust is built through repeated interactions, the authors find that the individuals most likely to engage in exchange exhibit an increase in trust after road construction. These results suggest that, rather than being an input to economic growth, trust might be a product of reduced transaction costs (which also favors growth). 2012-05-31T18:51:13Z 2012-05-31T18:51:13Z 2008-09 http://documents.worldbank.org/curated/en/2008/09/9813814/road-trust http://hdl.handle.net/10986/6772 English Policy Research Working Paper No. 4706 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Philippines
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	COLLECTIVE COLLECTIVE ACTION DEVELOPMENT PROJECT DEVELOPMENT PROJECTS ECONOMIC DEVELOPMENT EQUALITY ETHNIC DIVERSITY FOUNDATIONS HOUSEHOLD TRANSPORT INDIVIDUALS INTERNATIONAL BANK INVESTIGATION MUNICIPALITIES MUNICIPALITY PATHS PERSONS PROXY RECONSTRUCTION REHABILITATION REPUTATION ROAD ROAD BUILDING ROAD CONSTRUCTION ROADS RURAL COMMUNITIES RURAL ROAD RURAL ROAD CONSTRUCTION RURAL ROADS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL NETWORKS SOCIAL NORMS SOCIETIES SUSTAINABLE DEVELOPMENT TRUSTS WEALTH
spellingShingle	COLLECTIVE COLLECTIVE ACTION DEVELOPMENT PROJECT DEVELOPMENT PROJECTS ECONOMIC DEVELOPMENT EQUALITY ETHNIC DIVERSITY FOUNDATIONS HOUSEHOLD TRANSPORT INDIVIDUALS INTERNATIONAL BANK INVESTIGATION MUNICIPALITIES MUNICIPALITY PATHS PERSONS PROXY RECONSTRUCTION REHABILITATION REPUTATION ROAD ROAD BUILDING ROAD CONSTRUCTION ROADS RURAL COMMUNITIES RURAL ROAD RURAL ROAD CONSTRUCTION RURAL ROADS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL NETWORKS SOCIAL NORMS SOCIETIES SUSTAINABLE DEVELOPMENT TRUSTS WEALTH Labonne, Julien Chase, Robert S. A Road to Trust
geographic_facet	East Asia and Pacific Philippines
relation	Policy Research Working Paper No. 4706
description	The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road construction), there is an increase in generalized trust. Consistent with the argument that generalized trust is built through repeated interactions, the authors find that the individuals most likely to engage in exchange exhibit an increase in trust after road construction. These results suggest that, rather than being an input to economic growth, trust might be a product of reduced transaction costs (which also favors growth).
format	Publications & Research :: Policy Research Working Paper
author	Labonne, Julien Chase, Robert S.
author_facet	Labonne, Julien Chase, Robert S.
author_sort	Labonne, Julien
title	A Road to Trust
title_short	A Road to Trust
title_full	A Road to Trust
title_fullStr	A Road to Trust
title_full_unstemmed	A Road to Trust
title_sort	road to trust
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2008/09/9813814/road-trust http://hdl.handle.net/10986/6772
_version_	1764401042434293760

A Road to Trust

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