Indicator: Untapped potentials in trust

Untapped potentials in CE in trust among individuals (Percentage of people answering they trust others "A lot" or "Enough" to the European Values Study). The quantification of the untapped potentials in the CE area was run through the following two main regression models:

Ξ”π‘Œ=𝛼+Ξ£π›½π‘˜βˆ—π‘π‘œπ‘›π‘‘π‘Ÿπ‘œπ‘™π‘˜+π›Ύβˆ—π‘π‘œπ‘Ÿπ‘‘π‘’π‘Ÿ+π›Ώπ‘–βˆ—π‘Žπ‘ π‘ π‘’π‘‘π‘ π‘–+πœ—π‘–βˆ—π‘π‘œπ‘Ÿπ‘‘π‘’π‘Ÿβˆ—π‘Žπ‘ π‘ π‘’π‘‘π‘ π‘–+πœ‡π‘–π‘—βˆ—π‘π‘œπ‘Ÿπ‘‘π‘’π‘Ÿβˆ—π‘Žπ‘ π‘ π‘’π‘‘π‘ π‘–βˆ—inst_barrier+ Ξ£πœŒπ‘βˆ—π‘π‘œπ‘’π‘›π‘‘π‘Ÿπ‘¦π‘=1..𝑛+πœ€π‘–π‘—

where Ξ”π‘Œ is the 2008-2018 regional growth rate, i refers to assets, inst_barrier to whether the region suffers from institutional and legal barriers more than the average, and c to countries. 𝛿𝑖 measures the impact of each regional growth asset i on regional growth, πœ—π‘– measures specifically the impact of asset i on the growth of international border regions with respect to all other regions, and πœ‡π‘–π‘— measures the impact of assets i on the growth of border regions characterized by legal and administrative barriers j, with respects to all other regions.
When πœ‡π‘–π‘— is found to be negative and significant, this suggests that CE regions characterised by legal and administrative barriers have a lower growth impact from a specific asset with respect to all other EU regions; in turn, this suggests that, given the presence of legal and administrative borders, this asset is not exploited as in all other regions.

Theme(s): Economy, finance and trade - Economy, Finance and Trade

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Introduction

Author
ESPON project
Contact(s)
  • Davide Fina (Project leader)
  • Davide Fina (VVA Economics & Policy) (Point of Contact)
Territorial information
Spatial Extent Nomenclature
name version level
Central Europe NUTS 2013 3
Years
2013

Methodology

No description!

Other attributes

Id
2263
Status
Key indicator
Name
Untapped potentials in trust
Code
up_trust
Is standard?
True
Is base indicator?
False
Type
Class
Data type
Float
Unit of measure - Numerator / Denominator Name
None (composite indicator)
Unit of measure - Numerator / Denominator Scale
1
Is a ranking?
False
Main Theme
Economy, finance and trade - Economy, Finance and Trade
Nature type
Other
Labels

None

Statistics

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