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The role of culture in economic growth: an assessment, criticism and paths for future research

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2016-12-15
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Kapás, J. (2016). The role of culture in economic growth: an assessment, criticism and paths for future research. Competitio, 15(2.), 22-44. https://doi.org/10.21845/comp/2016/2/2
Abstract

There is an abundance of empirical literature on the impact of culture on economic development. This literature has been developing at the margin of growth theory and institutional economics. This paper reviews this branch of the literature by structuring it into three main lines, and placing an emphasis on (self)-criticism directed towards it, as well. The author provides some proposals for further steps towards improving the culturegrowth empirical literature, following the two routes identified by the (self)-criticism.

Journal of Economic Literature (JEL) codes: O43, Z19