Baptism by fire: did the creative class generate economic growth during the crisis?

Elizabeth Currid-Halkett and Kevin Stolarick

Cambridge Journal of Regions, Economy and Society, 2012, vol. 6, issue 1, 55-69

Abstract: Scholars have long argued that creativity drives economic prosperity. Recently, much of this debate has revolved around the creative class. Most of this research, however, has been done during times of strong economic growth. What is the economic effect of the creative class after the financial crisis? Looking at regional unemployment variation in 2007–2011 against baseline unemployment in 2005, we study if specific subgroups within the creative class have different relationships with regional unemployment. Throughout the entire timeframe all of the creative subgroups are associated with lower unemployment. We conclude that creativity matters but the influence of each subsector is dependent on region size. Copyright 2012, Oxford University Press.

Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/cjres/rss021 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cjrecs:v:6:y:2012:i:1:p:55-69

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Regions, Economy and Society is currently edited by Judith Clifton, Anna Davies, Betsy Donald, Emil Evenhuis, Stefania Fiorentino (Associate Editor), Harry Garretsen, Meric Gertler, Amy Glasmeier, Mia Gray, Robert Hassink, Dieter Kogler, Michael Kitson, Linda Lobao, Charles van Marrewijk, Ron Martin, Peter Sunley, Peter Tyler and Chun Yang

More articles in Cambridge Journal of Regions, Economy and Society from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().