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%T The impact of English dominance on literature and welfare %A Mélitz, Jacques %J Journal of Economic Behavior & Organization %N 2 %P 193-215 %V 64 %D 2007 %K Welfare; English dominance; Language; Externalities; Publishing; Translation %= 2010-11-04T10:01:00Z %~ http://www.peerproject.eu/ %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-199571 %X Market forces privilege the translation of English fiction and poetry into other languages, and thus pose a danger for the accumulation of capital in the form of literature. A variety of source languages in translations makes literary capital more valuable as such. Further, the importance of writing in English in order to reach a world audience lowers the pool of talent capable of contributing to literature. The paper starts with a model of the world publishing market that explains why the dominant language acquires a disproportionate share of translations. Then the reasoning proceeds from theory to the empirical evidence. %C NLD %G en %9 journal article %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info