Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 402261
Title Trust, Market Participation and Economic Outcomes: Evidence from Rural China
Author(s) Tu, Q.; Bulte, E.H.
Source World Development 38 (2010)8. - ISSN 0305-750X - p. 1179 - 1190.
DOI https://doi.org/10.1016/j.worlddev.2009.12.014
Department(s) Development Economics Group
WASS
Publication type Refereed Article in a scientific journal
Publication year 2010
Keyword(s) stock-market - wage-labor - reciprocity - cooperation - risk
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.
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