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Education or Creativity

What Matters Most for Economic Performance

Dados Bibliográficos

ID4041287
AutoresEmanuela Marrocu (0000-0002-7436-0055, University of Cagliari, autor correspondente), Raffaele Paci (0000-0003-0301-438X, University of Cagliari, autor correspondente)
Ano2012
Volume88
Fascículo4
Páginas369-401
Data de publicação2012-10-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoEconomic Geography (JOURNAL)
Identificadores do periódicoISSN: 0013-0095 • E-ISSN: 1944-8287
EditoraWiley (PUBLISHER • GB)
DOI10.1111/j.1944-8287.2012.01161.x
OpenAlexW2103005872
IdiomaEN
Citações recebidas64
Referências citadas42

There is a large consensus among social researchers on the positive role that human capital plays in economic performances. The standard way to measure the human capital endowment is to consider the educational attainments of the resident population, usually the share of people with a university degree. Florida (2002) suggested a different measure of human capital-the "creative class"-based on the actual occupations of individuals in specific jobs like science, engineering, the arts, culture, and entertainment. However, the empirical analyses conducted so far have overlooked a serious measurement problem concerning the clear definition of the education and creativity components of human capital. This article aims to disentangle this issue by proposing a disaggregation of human capital into three nonoverlapping categories: creative graduates, bohemians, and noncreative graduates. Using a spatial error model to account for spatial dependence, we assess the concurrent effect of the human capital indicators on total factor productivity for 257 regions of EU27. Our results indicate that highly educated people working in creative occupations are the most relevant component in explaining production efficiency, noncreative graduates exhibit a lower impact, and bohemians do not show a significant effect on regional performance. Moreover, a significant influence is exerted by technological capital, cultural diversity, and industrial and geographic characteristics, thus providing robust evidence that a highly educated, innovative, open, and culturally diverse environment is becoming more central for productivity enhancements

Classical economics · Creative class · Creativity · Demographic economics · Diversity (politics) · Economic geography · Economic growth · Economics · Empirical research · Endowment · Human capital · Microeconomics · Political science · Population · Production (economics) · Productivity · Sociology · Statistics · Cultural Industries and Urban Development · Psychology · Regional Development and Policy · Regional Economics and Spatial Analysis · Social Psychology

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Obras citantes distintas64
Citações por ano4,57
Intervalo de citações2012 - 2026 (15)
Velocidade de citaçãocurrent
Altamente citadoNão
Tipos de citaçãoNeutras: 63
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