The phantom of the opera: Cultural amenities, human capital, and regional economic growth

被引:74
作者
Falck, Oliver [1 ]
Fritsch, Michael [2 ,3 ]
Heblich, Stephan [4 ]
机构
[1] Univ Munich, Ifo Inst Econ Res, D-81679 Munich, Germany
[2] Univ Jena, Sch Econ, D-07743 Jena, Germany
[3] Max Planck Inst Econ, Jena, Germany
[4] Univ Stirling, Div Econ, Stirling FK9 4LA, Scotland
关键词
Cultural amenities; Regional economic growth; Human capital; Bohemians; QUALITY; RENTS; WAGES;
D O I
10.1016/j.labeco.2011.06.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a part of rulers' competition for prestigious cultural sights. Robustness tests confirm our strategy and strengthen the finding that proximity to a baroque opera house significantly affects the spatial equilibrium share of high-human-capital employees. A cross-region growth regression shows that these employees induce local knowledge spillovers and shift a location to a higher growth path. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:755 / 766
页数:12
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