IDEAS home Printed from https://ideas.repec.org/p/wiw/wiwrsa/ersa12p364.html
   My bibliography  Save this paper

The nexus between creative workforce and economic development: looking for the causal relation

Author

Listed:
  • Antonio Russo

  • Alan Quaglieri Domínguez

Abstract

Building on work funded by the ESPON 2013 Program, the paper analyses the regional trajectories of development of a “creative workforce†among its active population against regional economic growth, measured by changes in per capita GDP over the period 2001-2008 in 317 NUTS2 regions of the ESPON space (EU29 plus partner and candidate countries). The analysis establishes and explores regional typologies in this relationship, but also addresses the issue of causal relationships between the two dimensions, trying to bridge different perspectives: an “industrial district†approach by which creative places are more innovative and thus have higher chances to grow, and a “new geographic†approach à la Florida by which wealthier (and not only in economic terms, so we bring in other dimensions to this study related with quality of place) places have higher chances to attract the creatives, whether or not this really translate into economic development. This is issue is of particular relevance for policymakers designing regional development strategies around innovation issues: is it more important to focus on attracting creatives through “place investments†so that potentials for innovation are boosted, or to make sure that localised creativity is transformed into real opportunities for growth? And, how is the regional context influencing that decision? We will employ statistical techniques on available data series for this analysis, but we will also look at concrete cases of different typologies of regions where this relation seems to have been working in opposite directions, trying to identify the determinants. Key words: Creative workforce, innovation, economic development, causality JEL codes: Z10, O15, R11

Suggested Citation

  • Antonio Russo & Alan Quaglieri Domínguez, 2012. "The nexus between creative workforce and economic development: looking for the causal relation," ERSA conference papers ersa12p364, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa12p364
    as

    Download full text from publisher

    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa12/e120821aFinal00366.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
    2. Holtz-Eakin, Douglas & Newey, Whitney & Rosen, Harvey S, 1988. "Estimating Vector Autoregressions with Panel Data," Econometrica, Econometric Society, vol. 56(6), pages 1371-1395, November.
    3. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    4. Allen J. Scott, 1997. "The Cultural Economy of Cities," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 21(2), pages 323-339, June.
    5. Emanuela Marrocu & Raffaele Paci, 2012. "Education or Creativity: What Matters Most for Economic Performance?," Economic Geography, Taylor & Francis Journals, vol. 88(4), pages 369-401, October.
    6. Helene Martin‐Brelot & Michel Grossetti & Denis Eckert & Olga Gritsai & Zoltán Kovács, 2010. "The Spatial Mobility of the ‘Creative Class’: A European Perspective," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 34(4), pages 854-870, December.
    7. Pier Luigi Sacco & Alessandro Crociata, 2013. "A Conceptual Regulatory Framework for the Design and Evaluation of Complex, Participative Cultural Planning Strategies," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 37(5), pages 1688-1706, September.
    8. Ann Markusen, 2006. "Urban Development and the Politics of a Creative Class: Evidence from a Study of Artists," Environment and Planning A, , vol. 38(10), pages 1921-1940, October.
    9. Beatriz Plaza, 2008. "On Some Challenges and Conditions for the Guggenheim Museum Bilbao to be an Effective Economic Re‐activator," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(2), pages 506-517, June.
    10. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chenhui Hu & Haining Jiang, 2021. "Causal Nexus between Sci-Tech Talent and Economic Growth in the Pan-Yangtze River Delta of China," Sustainability, MDPI, vol. 13(12), pages 1-18, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Möller Joachim & Tubadji Annie, 2009. "The Creative Class, Bohemians and Local Labor Market Performance: A Micro-data Panel Study for Germany 1975–2004," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(2-3), pages 270-291, April.
    2. Kai Zhao & Yuesheng Zhang & Jinkai Zhao, 2020. "Exploring the Complexity of Location Choices of the Creative Class in Europe: Evidence from the EU Labor Force Survey 1995–2010," Sustainability, MDPI, vol. 12(4), pages 1-22, February.
    3. Alessandro Crociata & Massimiliano Agovino & Antonio Russo & Alan Quaglieri Domínguez, 2018. "Creative Workforce and Economic Development in Precrisis Europe," International Regional Science Review, , vol. 41(4), pages 448-479, July.
    4. Kitazawa, Yoshitsugu, 2001. "Exponential regression of dynamic panel data models," Economics Letters, Elsevier, vol. 73(1), pages 7-13, October.
    5. Stavros E. Arvanitis & Theodoros V. Stamatopoulos & Dimitris Terzakis, 2018. "Is There a Non-linear Relationship of Market Value with Cash and Ownership?," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 68(1), pages 3-25, January-M.
    6. Lips, Johannes, 2018. "Debt and the Oil Industry - Analysis on the Firm and Production Level," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181504, Verein für Socialpolitik / German Economic Association.
    7. Isaak, Andrew & Istipliler, Baris & Bort, Suleika & Woywode, Michael, 2025. "Regulation, Corruption, and Decentralized Autonomous Organizations: Insights from Bitcoin Trading and Platform Founding Between 2011 and 2023," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue ahead of .
    8. Alvarez, Javier & Arellano, Manuel, 2022. "Robust likelihood estimation of dynamic panel data models," Journal of Econometrics, Elsevier, vol. 226(1), pages 21-61.
    9. Wahidin, Deni & Akimov, Alexandr & Roca, Eduardo, 2021. "The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries," International Review of Financial Analysis, Elsevier, vol. 77(C).
    10. Donatella Gatti & Christophe Rault & Anne-Gael Vaubourg, 2012. "Unemployment and finance: how do financial and labour market factors interact?," Oxford Economic Papers, Oxford University Press, vol. 64(3), pages 464-489, July.
    11. Alessandro Federici & Pierluigi Montalbano, 2012. "Macroeconomic volatility, consumption behaviour and welfare: A cross-country analysis," Working Paper Series 3612, Department of Economics, University of Sussex Business School.
    12. Sabien Dobbelaere & Jacques Mairesse, 2010. "Comparing Micro-evidence on Rent Sharing from Three Different Approaches," NBER Working Papers 16220, National Bureau of Economic Research, Inc.
    13. Yogeeswari Subramaniam & Tajul Ariffin Masron & Niaz Ahmad Mohd Naseem, 2023. "The Impact of Logistics on Four Dimensions of Food Security in Developing Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(3), pages 3431-3452, September.
    14. José María ARRANZ & Carlos GARCÍA SERRANO & Virginia HERNANZ, 2013. "Active labour market policies in Spain: A macroeconomic evaluation," International Labour Review, International Labour Organization, vol. 152(2), pages 327-348, June.
    15. Doan, Anh-Tuan & Lin, Kun-Li & Doong, Shuh-Chyi, 2020. "State-controlled banks and income smoothing. Do politics matter?," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    16. Yoshitsugu Kitazawa, 2003. "Dynamic Panel Data Model and Moment Generating Function," Discussion Papers 13, Kyushu Sangyo University, Faculty of Economics.
    17. Maurice J.G. Bun & Sarafidis, V., 2013. "Dynamic Panel Data Models," UvA-Econometrics Working Papers 13-01, Universiteit van Amsterdam, Dept. of Econometrics.
    18. Bloom, David E. & Canning, David & Kotschy, Rainer & Prettner, Klaus & Schünemann, Johannes, 2024. "Health and economic growth: Reconciling the micro and macro evidence," World Development, Elsevier, vol. 178(C).
    19. Elya Nabila Abdul Bahri & Abu Hassan Shaari Md Nor & Tamat Sarmidi & Nor Hakimah Haji Mohd Nor, 2019. "The Role of Financial Development in the Relationship Between Foreign Direct Investment and Economic Growth: A Nonlinear Approach," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 22(02), pages 1-32, June.
    20. Schneider, Sophie Therese, 2018. "North-South trade agreements and the quality of institutions: Panel data evidence," Hohenheim Discussion Papers in Business, Economics and Social Sciences 27-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa12p364. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gunther Maier (email available below). General contact details of provider: http://www.ersa.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.