The economics of change and stability in social trust: Evidence from (and for) Catalan secession
Keywords: 
Secession
Social change
Social trust
Stability
Issue Date: 
2021
Publisher: 
Wiley
ISSN: 
1468-0343
Note: 
This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License
Citation: 
Bjornskov, C. (Christian); Borrella-Mas, M.A. (Miguel Ángel); Rode, M. (Martin). "The economics of change and stability in social trust: Evidence from (and for) Catalan secession". Economics & Politics. 2 (34), 2021, 275 - 297
Abstract
Consequences of social trust are comparatively well studied, while its societal determinants are often subject to debate. This paper studies both in the context of Catalan attempts to secede from Spain: First, we test whether Catalonia enjoys higher levels of social capital that it is prevented from capi-talizing on. Second, the paper examines whether secessionist movements create animosity and political divisions within society that undermine trust. Employing the nine available waves of the European Social Survey for Spain, we only find weak indications that social trust levels are higher in Catalonia than in the rest of the country. Interestingly, we further find testimony of a purely transient “exuberance ef-fect” after secession became a real option, indicating that the long- run evolution of social trust may best be thought of as a stable punctuated equilibrium.

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