Work

Determining the Impact of Cultural Diversity on Regional Economies in Europe

Year: 2014
Type: preprint
Abstract: In recent decades, the ethnic composition of the European population has changed substantially, leading to a rapid increase of cultural diversity in the EU as a whole, at the level of individual member states, and at the regional level. This paper focusses on the regional level and investigates the relationship between cultural diversity and regional economic performance for the EU 27. Giving particular attention to regional innovation, GDP per capita, and its development over time, the paper finds that culturally more diverse regions are on average more innovative, which translates into higher growth and better economic performance. An important finding of this study is, however, that the positive effect of cultural diversity on regional economic performance is not present in all sub-samples of the European regions alike.
Language: English
Subfield: Development
Open Access status: green
OpenAlex ID: W647635381
Cites: 26
Cited by: 9
Related to: 10