Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/32269
Authors: 
Möller, Joachim
Tubadji, Annie
Year of Publication: 
2008
Series/Report no.: 
Arbeiten aus dem Osteuropa-Institut Regensburg 270
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. We apply two different es-timation methods, a panel VAR for the complete data set and a dynamic system ap-proach based on GMM for a modified data set collapsed to six five-year periods. 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.
Subjects: 
Culture
Regional Development
Bohemians
Creative Class
Dynamic Panel Methods
JEL: 
Z10
C23
R1
O1
O3
ISBN: 
978-3-938980-19-4
Document Type: 
Working Paper

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