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Values, beliefs and economic behaviors: a regional approach

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  • João Carlos Graça
  • João Carlos Lopes
  • Cláudia Niza

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.

Suggested Citation

  • João Carlos Graça & João Carlos Lopes & Cláudia Niza, 2013. "Values, beliefs and economic behaviors: a regional approach," Working Papers Department of Economics 2013/25, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    • Handle: RePEc:ise:isegwp:wp252013
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    References listed on IDEAS

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    1. Bastounis, Marina & Leiser, David & Roland-Levy, Christine, 2004. "Psychosocial variables involved in the construction of lay thinking about the economy: Results of a cross-national survey," Journal of Economic Psychology, Elsevier, vol. 25(2), pages 263-278, April.
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    More about this item

    Keywords

    Values; beliefs; economic behaviors; Portuguese regions;
    All these keywords.

    JEL classification:

    • R29 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Other
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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