The Phantom of the Opera: Cultural Amenities, Human Capital, and Regional Economic Growth

Arbeitspapier

We analyze the extent to which endogenous cultural amenities affect the spatial equilibriumshare of high-human-capital employees. To overcome endogeneity, we draw on a quasinaturalexperiment in German history and exploit the exogenous spatial distribution ofbaroque opera houses built as a part of rulers’ competition for prestigious cultural amenities.Robustness tests confirm our strategy and strengthen the finding that proximity to a baroqueopera house significantly affects the spatial equilibrium share of high-human-capitalemployees. Then, a cross-region growth regression shows that these employees induce localknowledge spillovers and shift a location to a higher growth path.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ifo Working Paper ; No. 88

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Public Goods ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
• Thema: Cultural Amenities ; Regional Economic Growth ; Human Capital ; Bohemians ; Musikwirtschaft ; Kultursektor ; Infrastruktur ; Wohnstandort ; Hochqualifizierte Arbeitskräfte ; Spillover-Effekt ; Regionales Wachstum ; Schätzung ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Falck, Oliver ; Fritsch, Michael ; Heblich, Stephan
• Ereignis: Veröffentlichung
• (wer): ifo Institute - Leibniz Institute for Economic Research at the University of Munich
• (wo): Munich
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73785
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ