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Cultural Transmission, Education-Promoting Attitudes, and Economic Development

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  • Dimitrios Varvarigos

    (University of Leicester)

Abstract

This study emphasises the interdependence between physical capital formation and the cultural transmission of human capital-promoting attitudes and values. It demonstrates how this interdependence establishes a powerful propagation mechanism that generates multiple, divergent paths of economic development. It also highlights the role of physical capital formation in expanding the conditions that are propitious to path-dependency in models of cultural transmission: Even in the absence of a cultural complementarity, the long-run equilibrium is sensitive to the initial distribution of cultural attitudes among the population, as long as the combined effects of physical capital formation and social segregation permeate the process of cultural transmission. (Copyright: Elsevier)

Suggested Citation

  • Dimitrios Varvarigos, 2020. "Cultural Transmission, Education-Promoting Attitudes, and Economic Development," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 173-194, July.
    • Handle: RePEc:red:issued:18-554
    DOI: 10.1016/j.red.2019.11.005
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    1. Varvarigos, Dimitrios, 2020. "Upward-Flowing Intergenerational Transfers in Economic Development: The Role of Family Ties and their Cultural Transmission," MPRA Paper 101002, University Library of Munich, Germany.
    2. Bethencourt, Carlos & Kunze, Lars, 2022. "The economics of crime and socialization: The role of the family," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 579-597.
    3. Varvarigos, Dimitrios, 2021. "Upstream intergenerational transfers in economic development: The role of family ties and their cultural transmission," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    4. Mark Gradstein, 2022. "Cultural Attributes, Income Inequality, and Ethnic Differentials," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 44, pages 91-103, April.
    5. Takakura, Kei, 2023. "Child mortality, child labor, fertility, and demographics," Economic Modelling, Elsevier, vol. 127(C).

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    More about this item

    Keywords

    Cultural transmission; Economic growth; Education;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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