The Creative Class, Bohemians and Local Labor Market Performance A Micro-data Panel Study for Germany 1975-2004

Moeller, Joachim and Tubadji, Annie (2009) The Creative Class, Bohemians and Local Labor Market Performance A Micro-data Panel Study for Germany 1975-2004. JAHRBUCHER FUR NATIONALOKONOMIE UND STATISTIK, 229 (2-3). pp. 270-291. ISSN 0021-4027,

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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.

Item Type: Article
Uncontrolled Keywords: EMPLOYMENT GROWTH; CITIES; MODELS; WAGES; Culture; regional development; Bohemians; creative class; dynamic panel methods
Subjects: 300 Social sciences > 330 Economics
Divisions: Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Entpflichtete oder im Ruhestand befindliche Professoren > Lehrstuhl für Empirische Makroökonomie und Regionalökonomie (Prof. Dr. Joachim Möller)
Business, Economics and Information Systems > Institut für Immobilienenwirtschaft / IRE|BS > Alumni or Retired Professors > Lehrstuhl für Empirische Makroökonomie und Regionalökonomie (Prof. Dr. Joachim Möller)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 14 Sep 2020 07:35
Last Modified: 14 Sep 2020 07:35
URI: https://pred.uni-regensburg.de/id/eprint/28880

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