The Creative Class or Human Capital? - explaining regional development in Sweden
AbstractHuman capital is observed to be an important contributor to growth but unevenly distributed geographically. While there is consensus on the importance of human capital to economic development, debate takes shape around two central issues. First, there is the question of how best to measure human capital. Second, there is debate over the factors that yield the geographic distribution of human capital in the first place. We find that occupational or “creative class” measures tend to outperform educational measures in accounting for regional development across our sample of Swedish regions. We also find that universities, amenities or service diversity and openness and tolerance affect the distribution of human capital. A key finding is also that each of these factors is associated with a different type of human capital and thus they play complimentary roles in the geographic distribution of talent.
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Bibliographic InfoPaper provided by Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies in its series Working Paper Series in Economics and Institutions of Innovation with number 79.
Length: 38 pages
Date of creation: 18 Jan 2007
Date of revision:
Contact details of provider:
Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
More information through EDIRC
Creative occupations; Human Capital; Technology; Economic Development;
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-01-28 (All new papers)
- NEP-EDU-2007-01-28 (Education)
- NEP-GEO-2007-01-28 (Economic Geography)
- NEP-HRM-2007-01-28 (Human Capital & Human Resource Management)
- NEP-INO-2007-01-28 (Innovation)
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