TY - JOUR
T1 - Tolerance is not enough
T2 - the moderating role of optimism on perceptions of regional economic performance.
AU - Pereira Lopes, Miguel
AU - Palma, Patrícia Jardim
AU - Cunha, Miguel Pina e
PY - 2011/1/1
Y1 - 2011/1/1
N2 - Current theories on economic growth are stressing the important role of creativity and innovation as a main driver of regional development. Some perspectives, like Richard Florida's 'creative class theory', have elected tolerance and diversity as a core concept in explaining differ is a necessary yet not a sufficient ingredient to trigger economic development in regions, and explore the role of subjective well-being (life-satisfaction, happiness, and optimism) as a moderator. Using a nationwide survey of 3,757 respondents from 21 different municipalities, the results show that optimism played the role of moderator, thus evidencing that psychological variables should be taken into account when trying to understand regional economic development.
AB - Current theories on economic growth are stressing the important role of creativity and innovation as a main driver of regional development. Some perspectives, like Richard Florida's 'creative class theory', have elected tolerance and diversity as a core concept in explaining differ is a necessary yet not a sufficient ingredient to trigger economic development in regions, and explore the role of subjective well-being (life-satisfaction, happiness, and optimism) as a moderator. Using a nationwide survey of 3,757 respondents from 21 different municipalities, the results show that optimism played the role of moderator, thus evidencing that psychological variables should be taken into account when trying to understand regional economic development.
U2 - 10.1007/s11205-010-9685-5
DO - 10.1007/s11205-010-9685-5
M3 - Article
SN - 0303-8300
VL - 102
SP - 333
EP - 350
JO - Social Indicators Research
JF - Social Indicators Research
IS - 2
ER -