The creative class, bohemians and local labor market performance

Abstract

"The paper aims at testing Richard 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." (Author's abstract, IAB-Doku) ((en))

Cite article

Möller, J. & Tubadji, A. (2009): The creative class, bohemians and local labor market performance. A micro-data panel study for Germany 1975-2004. (ZEW discussion paper 2008-135), Mannheim, 36 p.