Trade and Cultural Diversity

Alberto Bisin, Thierry Verdier

    Research output: Contribution to journalArticle

    Abstract

    This chapter surveys the recent economic literature on the relationships between globalization and cultural diversity. We first review the different channels through which international integration interacts with cultural diversity across individuals, communities, and nations. We then present some recent formal economic models of cultural transmission and cultural evolution, and show how these models can be embedded into standard economic frameworks to analyze the links between globalization and cultural diversity. The chapter then presents various applications from trade in cultural goods, foreign direct investment in tourism to cultural integration of foreign migrants. Finally, normative implications and the relationships between cultural policy and international policies are also discussed.

    Original languageEnglish (US)
    Pages (from-to)439-484
    Number of pages46
    JournalHandbook of the Economics of Art and Culture
    Volume2
    DOIs
    StatePublished - 2014

    Fingerprint

    cultural diversity
    globalization
    cultural integration
    cultural policy
    economic model
    direct investment
    foreign investment
    economics
    migrant
    Tourism
    community
    Cultural diversity
    Economics
    Globalization

    Keywords

    • Cultural diversity
    • Cultural transmission
    • Globalization
    • Trade

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Cultural Studies

    Cite this

    Trade and Cultural Diversity. / Bisin, Alberto; Verdier, Thierry.

    In: Handbook of the Economics of Art and Culture, Vol. 2, 2014, p. 439-484.

    Research output: Contribution to journalArticle

    Bisin, Alberto ; Verdier, Thierry. / Trade and Cultural Diversity. In: Handbook of the Economics of Art and Culture. 2014 ; Vol. 2. pp. 439-484.
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