A theory of cultural revivals
Murat Iyigun,
Jared Rubin and
Avner Seror
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Abstract:
Why do some societies have political institutions that support productively inefficient outcomes? And why does the political power of elites vested in these outcomes often grow over time, even when they are unable to block more efficient modes of production? We propose an explanation centered on the interplay between political and cultural change. We build a model in which cultural values are transmitted inter-generationally. The cultural composition of society, in turn, determines public-goods provision as well as the future political power of elites from different cultural groups. We characterize the equilibrium of the model and provide sufficient conditions for the emergence of cultural revivals. These are characterized as movements in which both the cultural composition of society as well as the political power of elites who are vested in productively inefficient outcomes grow over time. We reveal the usefulness of our framework by applying it to two case studies: the Jim Crow South and Turkey's Gülen Movement.
Keywords: Institutions; Cultural beliefs; Cultural transmission; Institutional change (search for similar items in EconPapers)
Date: 2021-06
New Economics Papers: this item is included in nep-cul, nep-evo, nep-mic and nep-pol
Note: View the original document on HAL open archive server: https://amu.hal.science/hal-03545183
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Citations: View citations in EconPapers (7)
Published in European Economic Review, 2021, 135, pp.103734. ⟨10.1016/j.euroecorev.2021.103734⟩
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Related works:
Journal Article: A theory of cultural revivals (2021) 
Working Paper: A Theory of Cultural Revivals (2019) 
Working Paper: A Theory of Cultural Revivals (2019) 
Working Paper: A Theory of Cultural Revivals (2018) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03545183
DOI: 10.1016/j.euroecorev.2021.103734
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