Product-based cultural change: Is the village global?

A-Tier
Journal: Journal of International Economics
Year: 2014
Volume: 92
Issue: 2
Pages: 212-230

Score contribution per author:

1.005 = (α=2.01 / 4 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:eee:inecon:v:92:y:2014:i:2:p:212-230
Journal Field
International
Author Count
4
Added to Database
2026-01-25