The Effect of Creative Class on Economic Development of Cities: The Case of Turkey

Habibe Günsel Doğrul, Mediha Mine Çelikkol and Naci Murat
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Habibe Günsel Doğrul: Dumlupinar University
Mediha Mine Çelikkol: Dumlupinar University
Naci Murat: Ondokuz Mayis University

Business and Economics Research Journal, 2016, vol. 7, issue 4, 79-95

Abstract: Economic power of cities depends on their human capital as much as their pyhsical capital. Florida’s hypothesis about Creative Class is tested in this study in the context of Turkey. For this purpose, we examine the relationsip between alternative mesures of human capital and regional development applying structural equation models and path analysis. Our results confirm Florida’s hypothesis that high level of creativity fosters regional economic development. Evidence also suggest that total creative class seems to be better measurement than education in accounting for regional development across Turkish cities. In addition, our results suggest that while there is statistically significant association between the distribution of creative class and the presence of artistically culturally creative individuals (bohemians), there is no significant association with consumer amenities and university. As a result, Florida’s hypothesis does not completely explain the distribution of creatives in the Turkish context.

Keywords: Human Capital; Creative Class; Regional Economic Development; Technology; Path Analysis and Structural Equations Model (search for similar items in EconPapers)
JEL-codes: J24 O30 R10 R20 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ris:buecrj:0249

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