The Creative Class, Bohemians and Local Labor Market Performance: A Micro-data Panel Study for Germany 1975–2004
Joachim Möller () and
Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2009, vol. 229, issue 2-3, 270-291
The paper aims at testing Florida’s concept of the Creative Class using panel data for 323West 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.
Keywords: Culture; regional development; Bohemians; creative class; dynamic panel methods (search for similar items in EconPapers)
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Working Paper: The Creative Class, Bohemians and Local Labor Market Performance: A Micro-data Panel Study for Germany 1975-2004 (2009)
Working Paper: The Creative Class, Bohemians and Local Labor Market Performance - A Micro-data Panel Study for Germany 1975-2004 (2008)
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