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Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
ZEW Discussion Papers No. 08-135
Verlag: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Zusammenfassung: 
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. 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.
Schlagwörter: 
Culture
Regional Development
Bohemians
Creative Class
Dynamic Panel Methods
JEL: 
Z10
O1
R1
C23
O3
Dokumentart: 
Working Paper

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