Abstract: This study aims to exploit the situations imposed by the COVID-19 pandemic crisis in South Korea to identify the causal effect of a pandemic crisis and institutional responses on social trust. With unique panel data collected in the course of the COVID-19 in South Korea and the use of individual fixed-effects models, we examined how social trust in various social institutions changed and identified a causal effect of crisis management on social trust. According to the results, trust in South Korean society, people, and the central and local gov...
(read more)
Topics: 
Development economics
Economic growth
Political economy