Product-based cultural change: Is the village global? - HAL-SHS - Sciences de l'Homme et de la Société
Article Dans Une Revue Journal of International Economics Année : 2014

Product-based cultural change: Is the village global?

Résumé

We provide a model of product-based cultural change where trade integration leads to cultural convergence. A standard trade model of Dixit–Stiglitz monopolistic competition is coupled with a micro-founded model of cultural dynamics. We show that access to varieties that are attached to a global cultural type changes the incentives of parents to socialize their children and transmit their type. The resulting increase in agents of the global cultural type leads to a magnification of the initial shock. A striking feature of the model is that even temporary shocks to openness may have permanent effects through the changing distribution of preferences in the economy.
Fichier non déposé

Dates et versions

halshs-01109509 , version 1 (26-01-2015)

Identifiants

Citer

Nicolas Maystre, Olivier Jacques, Mathias Thoenig, Thierry Verdier. Product-based cultural change: Is the village global?. Journal of International Economics, 2014, 92 (2), pp.212-230. ⟨10.1016/j.jinteco.2013.10.005⟩. ⟨halshs-01109509⟩
293 Consultations
0 Téléchargements

Altmetric

Partager

More