Values, beliefs and economic behaviors: a regional approach
JOURNAL
YEAR
Sep 21, 2014
TYPE
Articles in journals
AUTHORS
Lopes, J., Graça, J., Niza, C.
VOL Nº
214
PAGES
28
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.
JEL CLASS
KEYWORDS
Values,Beliefs,Economic behaviors,Portuguese regions