Discussion paper

DP17572 Culture in Historical Political Economy

Culture – the set of socially transmitted values and beliefs held by individuals – has important implications for a wide variety of economic outcomes. Both the causes and consequences of culture have been the subject of work in Historical Political Economy. I first outline several theories on the origins, evolution, and transmission of culture. I then discuss various strategies for measuring culture. Finally, I review recent research in HPE that explores the origins of variation in culture and the economic consequences of culture.


Lowes, S (2022), ‘DP17572 Culture in Historical Political Economy‘, CEPR Discussion Paper No. 17572. CEPR Press, Paris & London. https://cepr.org/publications/dp17572