Value Diversity and Regional Economic Development
Abstract
We investigate the link between culture and regional economic development within European countries. Considering a variety of cultural values, we provide evidence that it is the degree of diversity in these values at the regional level that strongly correlates with economic performance, rather than the prevalence of specific values. In particular, we show that greater value diversity is negatively associated with regional economic performance...
Paper Details
Title
Value Diversity and Regional Economic Development
Published Date
Oct 30, 2018
Volume
121
Issue
1
Pages
153 - 181
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