The impact of creativity on growth in German regions
AbstractThe objective of this paper is to analyze the impact of the creative professions - technological employees and bohemians - on economic growth in Germany’s planning regions. It is concluded that technological employees and bohemians foster economic growth. We find that growth is particularly dynamic in agglomerated and urbanized regions. Among regional factors relevant to the location decisions of creative professionals, diversity is analyzed in particular, as it might stimulate growth because of its potential to increase the rate of interchange of different ideas and knowledge. Diversity is therefore a “knowledge production factor." The analysis of both - creative professions and diversity - is related to two current topics in regional economics, namely the knowledge based economy and its effects on city development, and the topic of creative cities.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 26573.
Date of creation: 2010
Date of revision:
Regional Economic Growth; Creativity; Diversity;
Find related papers by JEL classification:
- R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-11-20 (All new papers)
- NEP-CSE-2010-11-20 (Economics of Strategic Management)
- NEP-FDG-2010-11-20 (Financial Development & Growth)
- NEP-GEO-2010-11-20 (Economic Geography)
- NEP-HRM-2010-11-20 (Human Capital & Human Resource Management)
- NEP-URE-2010-11-20 (Urban & Real Estate Economics)
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