Geographical Personality Differences and Economic Success

Research question/goal: 

The spatial concentration of economic activities is an essential characteristic of modern societies. However, despite great research efforts, classic models cannot fully explain the emergence and persistence of these economic disparities. One reason why existing models might not be able to fully explain economic disparities is their neglect of the cultural context in which economic actions are embedded in. While several prominent regional economic theories assume cultural differences to be very important for economic development, it was long impossible to empirically assess these cultural differences. In recent years, research at the nexus of economics, economic geography and psychology made progress in reliably measuring and revealing cultural differences. Specifically, this research shows that not only individuals, but also geographical areas have their own personalities. The project makes use of this new stream of research and systematically examines the relationship between geographical personality differences and economic success. More specifically, the project examines in three work packages the role of geographical personality differences for the economic success of countries, regions and companies.

Fact sheet

Vestische Forschungsstiftung
2019 to 2020
Data Sources: 
Secondary data
Geographic Space: