Lopez-Claros, AugustoPerotti, Valeria2014-12-032014-12-032014-11https://hdl.handle.net/10986/20624Economists have either avoided or struggled with the concept of culture and its role in economic development. Although a few theoretical works -- and even fewer empirical studies -- have appeared in the past decades, this paper tries to build on a multidisciplinary approach to review the evidence on whether and how culture matters for development. First, the paper reviews available definitions of culture and illustrates ways in which culture can change and create favorable conditions for economic development. Second, the paper discusses the challenges of separating the effect of culture from other drivers of human behavior such as incentives, the availability of information, or climate. Finally, the paper argues that globalization has led to the emergence of a set of progressive values that are common cultural traits of all developed economies.en-USCC BY 3.0 IGOACCESS TO INFORMATIONAGRICULTUREANTHROPOLOGISTANTHROPOLOGISTSANTHROPOLOGYARCHIVESARTAUTONOMYBALANCE OF PAYMENTSBASICBELIEFSCAPITALISMCENTRAL PLANNINGCENTRALIZATIONCITIESCIVILIZATIONCIVILIZATIONSCOMPARATIVE ADVANTAGECOMPARATIVE ECONOMICSCOMPETITIVE ADVANTAGECOMPETITIVENESSCONCEPTUAL FRAMEWORKCULTURAL ATTRIBUTESCULTURAL CHANGECULTURAL DIFFERENCESCULTURAL ECOLOGYCULTURAL EXCHANGECULTURAL FACTORSCULTURAL HERITAGECULTURAL IDENTITYCULTURAL INTEGRATIONCULTURAL LANDSCAPECULTURAL NORMSCULTURE IN DEVELOPMENTCULTURESCUSTOMCUSTOMSDAILY LIFEDEBTDECISION MAKINGDEPENDENCEDEVELOPED COUNTRIESDEVELOPMENT ECONOMICSDEVELOPMENT POLICYDEVELOPMENT STRATEGIESDEVELOPMENT STRATEGYDISCOURSEDISCRIMINATIONDISTRICTSDIVERSITYDIVISION OF LABORECOLOGYECONOMIC CONSEQUENCESECONOMIC DEVELOPMENTECONOMIC EFFICIENCYECONOMIC EXCHANGEECONOMIC GROWTHECONOMIC HISTORIANSECONOMIC HISTORYECONOMIC INCENTIVESECONOMIC OUTCOMESECONOMIC PERFORMANCEECONOMIC POLICIESECONOMIC POWERECONOMIC THEORIESECONOMIC THEORYECONOMIES OF SCALEEDUCATED POPULATIONSEMPIRICAL EVIDENCEEMPIRICAL RESEARCHEMPIRICAL STUDIESENVIRONMENTSETHICSETHNICITYEXPORTSEXTENDED FAMILYFOLKLOREGDPGDP PER CAPITAGENDERGEOGRAPHYGLOBAL CULTUREGOVERNMENT POLICIESHISTORIANSHISTORICAL RECORDSHOUSEHOLDSHUMAN BEHAVIORHUMAN CAPITALHUMAN SOCIETIESINDUSTRIALIZATIONINHERITANCEINTERNATIONAL TRADEKINSHIPLABOR FORCELABOR PRODUCTIVITYLAND ECONOMICSLANGUAGESLEARNINGLITERATURELIVING ARRANGEMENTSMACROECONOMICSMAGICMARRIAGESMIDDLE AGESMIGRATIONMIGRATIONSMININGMISSIONARIESMULTICULTURALISMMUSICNATURAL RESOURCE MANAGEMENTNATURAL RESOURCESNUCLEAR FAMILIESOPEN MARKETSOPPORTUNITY COSTSPERCEPTIONSPHYSIOLOGYPOLICY MAKERSPOLITICAL ECONOMYPOPULATION DYNAMICSPOWERPRIVATE PROPERTYPRODUCTIVITY GROWTHPROFIT SEEKINGPROPERTY RIGHTSPUBERTYREGRESSION ANALYSISRELIGIONRELIGIOUS ASSOCIATIONRESTORATIONRITESRITUALSCHOOLSSECURE PROPERTY RIGHTSSLAVERYSOCIAL DEVELOPMENTSOCIAL FACTORSSOCIAL GROUPSSOCIAL NETWORKSSOCIAL PSYCHOLOGYSOCIAL STRUCTURESSOCIETYSOCIOLOGISTSSOCIOLOGYSPECIALIZATIONSPORTSSTONESUSTAINABLE GROWTHSYMBOLSTABOOSTECHNOLOGICAL CHANGETEXTILE FACTORIESTEXTILE MILLSTEXTILESTRADITIONTRADITIONAL TECHNIQUESTRADITIONSTRAVELSWAGE DIFFERENTIALSWAGESWEALTHDoes Culture Matter for Development?10.1596/1813-9450-7092