“Phantom of the Opera” or “Sex and the City”? Historical Amenities as Sources of Exogenous Variation
Thomas Bauer (),
Philipp Breidenbach () and
No 10098, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Using the location of baroque opera houses as a natural experiment, Falck et al. (2011) claim to document a positive causal effect of the supply of cultural goods on today’s regional distribution of talents. This paper raises serious doubts on the validity of the identification strategy underlying these estimates, though. While we are able to replicate the original results, we proceed to show that the same empirical strategy also assigns positive causal effects to the location of historical brothels and breweries. These estimated effects are similar in size and significance to those of historical opera houses. We document that all these estimates reflect the importance of institutions for long-run economic growth, and that the effect of historical amenities on the contemporary local share of high skilled workers disappears upon controlling for regions’ historical importance.
Keywords: historical amenities; human capital; regional competitiveness (search for similar items in EconPapers)
JEL-codes: H42 J24 R11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cul, nep-his, nep-hrm, nep-pbe and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at email@example.com
Journal Article: “Phantom of the Opera” or “Sex and the City”? Historical amenities as sources of exogenous variation (2015)
Working Paper: "Phantom of the Opera" or "Sex and the City"? Historical Amenities as Sources of Exogenous Variation (2014)
Working Paper: "Phantom of the Opera" or "Sex and the City"? – Historical Amenities as Sources of Exogenous Variation (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:10098
Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... rs/dp.php?dpno=10098
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().