Meaning: 3-item formative index measuring to what extent people trust others or believe them to be fair when these others are neither specified as close or remote or in any other way [(PerFai + StaTru) / 2 calculated at the individual level and then aggregated to the country level using the population average].
Source: Index invented and documented in Welzel, Freedom Rising (2013: 199-200), www.cambridge.org/welzel (Online Appendix, p. 62-63), based on data from the World Values Surveys, countries from rounds five and six.
Scaling: Multi-point index ranging from 0 when there is no trust and perceived fairness of unspecified others to 1.0 for the opposite case, with proper fractions for intermediate positions. Country-level scores are the average of each national sample.
Type of variable: Continuous
Last updated by source: 2014-03-01