Culture, diffusion, and economic development
Ani Harutyunyan and
Ömer Özak
No 551450, Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven
Abstract:
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of cultural values, it establishes empirically that pairwise differences in contemporary development are associated with pairwise cultural differences relative to the technological frontier, only in cases where observational equivalence holds. Additionally, it establishes that differences in cultural traits that are correlated with genetic and linguistic distances are statistically and economically significantly correlated with differences in economic development. These results highlight the difficulty of disentangling the direct and barrier effects of culture, while lending credence to the idea that common ancestry generates persistence and plays a central role in economic development.
Keywords: Comparative economic development; Economic growth; Culture; Barriers to technological diffusion; Genetic distances; Linguistic distances (search for similar items in EconPapers)
Date: 2016
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Published in LICOS - Discussion paper series 382/2016 , pages 1-52
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https://lirias.kuleuven.be/retrieve/405093 (application/pdf)
Related works:
Working Paper: Culture, Diffusion, and Economic Development (2016)
Working Paper: Culture, diffusion, and economic development (2016)
Working Paper: Culture, Diffusion, and Economic Development (2016)
Working Paper: Culture, Diffusion, and Economic Development (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:551450
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