| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP12000
|
| DP12000 On the Joint Evolution of Culture and Institutions |
| Thierry Verdier; Alberto Bisin
|
| 发表日期 | 2017-04-27
|
| 出版年 | 2017
|
| 语种 | 英语
|
| 摘要 | Explanations of economic growth and prosperity commonly identify a unique causal effect, e.g., institutions, culture, human capital, geography. In this paper we provide instead a theoretical modeling of the interaction between culture and institutions and their effects on
economic activity. We characterize conditions on the socio-economic environment such that culture and institutions complement (resp. substitute) each other, giving rise to a multiplier effect which amplifies (resp. dampens) their combined ability to spur economic activity. We
show how the joint dynamics of culture and institutions may display interesting non-ergodic behavior, hysteresis, oscillations, and comparative dynamics. Finally, in specific example societies, we study how culture and institutions interact to determine the sustainability of
extractive societies as well as the formation of civic capital and of legal systems protecting property rights. |
| 主题 | Development Economics
; Economic History
; Macroeconomics and Growth
; Public Economics
|
| 关键词 | Evolution of institutions
Cultural transmission
|
| URL | https://cepr.org/publications/dp12000
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540812
|
推荐引用方式
GB/T 7714 |
Thierry Verdier,Alberto Bisin. DP12000 On the Joint Evolution of Culture and Institutions. 2017.
|
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