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The economics of global personality diversity

Abstract:
This study explores the relationship between personality diversity and national economic performance, introducing the Global Personality Diversity Index (Ψ-GPDI) as a novel metric. Leveraging a dataset of 760,242 individuals across 135 countries, we quantify within-country diversity based on the Big Five personality traits. Our findings reveal that personality diversity accounts for 19.9% of the variance in GDP per capita and provides an additional 2.8% explanatory power beyond institutional quality and immigration, underscoring its unique contribution to economic vitality. Through multi-factor analysis, we demonstrate how personality diversity complements existing economic frameworks, offering actionable insights for policymakers seeking to enhance innovation, productivity, and resilience. This research positions psychological diversity as a critical yet under explored factor in driving economic growth, bridging the fields of psychology and economics.
Publication status:
Published
Peer review status:
Not peer reviewed

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Preprint server copy:
10.48550/arxiv.2503.19388

Authors

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Institution:
University of Oxford
Division:
SSD
Department:
Oxford Internet Institute
Role:
Author


Preprint server:
arXiv
Publication date:
2025-03-25
DOI:


Language:
English
Pubs id:
2117625
UUID:
uuid_b61fe96d-b9da-4e6c-85b6-7260bdd69280
Local pid:
pubs:2117625
Source identifiers:
W4415060538
Deposit date:
2026-01-10
ARK identifier:

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