Show simple item record

dc.contributor.authorMAYSTRE, Nicolas
dc.contributor.authorOLIVIER, Jacques
dc.contributor.authorTHOENIG, Mathias
dc.contributor.authorVERDIER, Thierry
dc.date.accessioned2016-07-07T08:35:07Z
dc.date.available2016-07-07T08:35:07Z
dc.date.issued2009
dc.identifier.urihttps://hdl.handle.net/1814/42320
dc.description.abstractThis paper makes three contributions to the growing literature on culture and economics. Using answers to the World Values Survey for a sample of 79 countries over the 1989-2004 period, we first provide evidence of cultural homogenization between countries. Second, we provide a model of product-based cultural change. Our main theoretical predictions are: (i) bilateral trade openness reduces bilateral cultural distance; (ii) the more differentiated the products, the more trade reduces cultural distance; (iii) trade openness has a lock-in effect on culture. Third, we test the model using an instrumental variable approach and including various time and country-pair fixed effects. We find that a one standard deviation increase in bilateral trade openness translates into a 43% standard deviation decrease in bilateral cultural distance.
dc.language.isoen
dc.relation.ispartofseriesCEPR Discussion Paperen
dc.relation.ispartofseries2009/7438en
dc.titleProduct-based cultural change : is the village global?
dc.typeWorking Paper
eui.subscribe.skiptrue


Files associated with this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record