Values, beliefs and economic behaviors: a regional approach

João Carlos Graça, João Lopes () and Cláudia Niza

No 2013/25, Working Papers Department of Economics from ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa

Abstract: The purpose of this paper is to identify relationships between value orientations, beliefs and economic behaviors of agents, on one side, and differences between levels of economic development, on the other. Empirical analysis is based on a sample of Portuguese municipalities and correspondent parishes, organized in groups set by an urban-versus-rural typology and according to levels of development as measured by GDP per capita. Different value orientations, beliefs and behaviors were identified. Four clusters were thereby considered, generically correspondent to “stabilization”, “economic nationalism”, “entrepreneurship” and “consumerism”. These clusters are related to the spatial dimensions considered.

Keywords: Values; beliefs; economic behaviors; Portuguese regions (search for similar items in EconPapers)
Date: 2013-12
New Economics Papers: this item is included in nep-cse, nep-mac and nep-ure
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Related works:
Working Paper: Values, beliefs and economic behaviors: a regional approach (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:ise:isegwp:wp252013

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