agriculture, airborne transportation technology, cultural assimilation, cultural diffusion, cultural diversity, economic development, industrialization, manufacturing sector, technology frontier, water-driven machinery, Cultural development, China, Culture in Sustainable Development, East Asia and Pacific, Europe and Central Asia, South Asia
Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations

This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion benefited from enhanced assimilation, lower cultural diversity, and more intense accumulation of society-specific human capital. Thus, they operated more efficiently with respect to their production-possibility frontiers and flourished in the technological paradigm that characterized the agricultural stage of development. The lack of cultural diffusion and its manifestation in cultural rigidity, however, diminished the ability of these societies to adapt to a new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained economic growth.

Link: http://web.williams.edu/Economics/wp/AshrafGalorCulture.pdf
Added by View user profileSonia Hossain on December 7, 2011