Trade, social values, and the generalized trust

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

16 Scopus Citations
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Author(s)

  • Kenneth S. Chan

Related Research Unit(s)

Detail(s)

Original languageEnglish
Pages (from-to)733-753
Number of pages21
Journal / PublicationSouthern Economic Journal
Volume73
Issue number3
Publication statusPublished - Jan 2007

Abstract

The present paper investigates, empirically, whether global economic integration can lead to national social disintegration, as proclaimed by Rodrik. One can perhaps conjecture that a drop in the generalized trust in a country may signal a rise in social disintegration. Using the survey data on the generalized trust provided by the World Values Surveys, the present paper finds that, in general, there is a positive openness-trust relationship. However, when globalization undermines domestic income distribution, it will weaken this openness-trust relationship. There is also evidence of a threshold inequality above which the openness-trust relationship turns negative.

Citation Format(s)

Trade, social values, and the generalized trust. / Chan, Kenneth S.

In: Southern Economic Journal, Vol. 73, No. 3, 01.2007, p. 733-753.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review