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The Creative Class, Bohemians and Local Labor Market Performance - A Micro-Data Panel Study for Germany 1975-2004Joachim MoellerGovernment of the Federal Republic of Germany - Institute for Employment Research (IAB); University of Regensburg; Institute for the Study of Labor (IZA) Annie Tubadjiaffiliation not provided to SSRN 2008 ZEW - Centre for European Economic Research Discussion Paper No. 08-135 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. 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.
Keywords: Culture, Regional Development, Bohemians, Creative Class, Dynamic Panel Methods JEL Classification: Z10, C23, R1, O1, O3 working papers seriesDate posted: May 16, 2009Suggested CitationContact Information
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