Product-based cultural change: Is the village global?
1
UNCTAD -
United Nations Conference on Trade and Development
2 HEC Paris - Ecole des Hautes Etudes Commerciales
3 GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC
4 HEC Lausanne - Faculté des Hautes Etudes Commerciales (HEC Lausanne)
5 CEPR - Center for Economic Policy Research
6 PSE - Paris-Jourdan Sciences Economiques
7 PSE - Paris School of Economics
2 HEC Paris - Ecole des Hautes Etudes Commerciales
3 GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC
4 HEC Lausanne - Faculté des Hautes Etudes Commerciales (HEC Lausanne)
5 CEPR - Center for Economic Policy Research
6 PSE - Paris-Jourdan Sciences Economiques
7 PSE - Paris School of Economics
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.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Product-based cultural change: Is the village global?
|
Résumé |
en
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.
|
Auteur(s) |
Nicolas Maystre
1
, Olivier Jacques
2, 3
, Mathias Thoenig
4, 5
, Thierry Verdier
5, 6, 7
1
UNCTAD -
United Nations Conference on Trade and Development
( 251830 )
- Suisse
2
HEC Paris -
Ecole des Hautes Etudes Commerciales
( 105633 )
- 1, rue de la Libération - 78351 Jouy en Josas cedex
- France
3
GREGH -
Groupement de Recherche et d'Etudes en Gestion à HEC
( 1738 )
- 1, avenue de la Libération 78351 JOUY EN JOSAS CEDEX
- France
4
HEC Lausanne -
Faculté des Hautes Etudes Commerciales (HEC Lausanne)
( 325014 )
- Suisse
5
CEPR -
Center for Economic Policy Research
( 143559 )
- Royaume-Uni
6
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
7
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2014-03
|
Volume |
92
|
Numéro |
2
|
Page/Identifiant |
212–230
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Financement |
|
Mots-clés |
en
Homogenization, Persistence, Trade, Culture
|
DOI | 10.1016/j.jinteco.2013.10.005 |
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