The creative class, bohemians and local labor market performance : micro-data panel study for Germany 1975-2004

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URL:	http://ub-madoc.bib.uni-mannheim.de/2265
URN:	urn:nbn:de:bsz:180-madoc-22650
Document Type:	Working paper
Year of publication:	2008
The title of a journal, publication series:	None
Publication language:	English
Institution:	Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series:	Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject:	330 Economics
Classification:	JEL: O3 O1 R1 C23 Z10 ,
Subject headings (SWD):	Deutschland , Regionalentwicklung , Panel , Regionale Wirtschaftsentwicklung
Keywords (English):	Culture , Regional Development , Bohemians , Creative Class , Dynamic Panel Methods
Abstract:	The paper aims at testing Florida's concept of the Creative Class using panel data for 323 West German regions for the time period 1975 - 2004. Applying a dynamic system approach based on GMM, we find that the local concentration of the Creative Class has predictive power for the economic development of a region and tends to outperform traditional indicators of human capital. However, our results do not support Florida's assertion that the creative workers flock where the Bohemians are. According to our findings, the Creative Class is attracted by favorable economic conditions as indicated by employment growth or an increasing wage bill.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

BASE: Möller, Joachim ; Tubadji, Annie

Google Scholar: Möller, Joachim ; Tubadji, Annie

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