Trust, Market Participation and Economic Outcomes: Evidence from Rural China
发布时间:2010-02-07 浏览量:
 
 
Abstract:
Markets can only function properly in the presence of sufficient trust. We explore the relation between trusting behavior and market integration in rural China. We link the results of a trust experiment to actual behavior in the field (participation in the labor market  versus  informally exchanging labor), and find that high-trust households are more likely to use formal markets. We proceed by exploring the relation between labor market participation and economic outcomes, finding tentative evidence of a causal relation running from market participation to higher levels of income.
 

Key words:

trust game, economic behavior, labor exchange, labor market participation


Reference:

TU, Qin and Erwin Bulte (2010). Trust, Market Participation and Economic Outcomes: Evidence from Rural China.World Development, 38(8): 1179-1190.

 

Link:
返回上级
Copyright © 2017 北京师范大学创新发展研究院 | 地址:北京市新街口外大街19号北京师范大学后主楼17层 | 邮编:100875 | 电话:010-58805875