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This is an electronic reprint of a review of the book "Cultures Merging: A Historical and Economic Critique of Culture …
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This paper reviews recent economics literature on culture, with an emphasis on its relation to the field of long …-run growth and development. It examines the key issues debated in the new cultural economics: causal effects of culture on … economic outcomes, the origins and social costs of culture, as well as cultural transmission, persistence, and change. Some of …
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market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend … significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …
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