Creativity, education or what? On the measurement of regional human capital

Eckhardt Bode · Lucia Pérez-Villar

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Cultural Industries and Urban Development Economic Growth and Productivity Regional Economics and Spatial Analysis

Abstract

This paper substantiates the debate following Richard Florida's suggestion to measure regional human capital by creative occupations rather than education. Consistent with Florida's notion of creativity, it suggests a microfoundation that relates creativity to workers’ cognitive and non-cognitive skills. It shows that this microfoundation is similar to that of human capital in recent labour economics, which has facilitated important new insights. While the regional measures of creative occupations developed by Florida or others are too crude to make a difference, occupations may help project workers’ cognitive and non-cognitive skills from the micro to the regional level.

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References

2012Principles and Practice of Structural Equation Modeling 1998Principles and Practice of Structural Equation Modeling 1990Endogenous Technological Change 1983Human Capital 1990An alternative "description of personality": The Big-Five factor structure.2005Principles and practice of structural equation modeling, 2nd ed.2002The Rise of the Creative Class 2006The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior

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2016Management dynamics in the knowledge economy 2016Human capital, cultural values and economic performance in European regions 2021The Nexus between Creative Actors and Regional Development 2022The effect of cultural and creative production on human capital: Evidence from European regions 2024Political power shifts, varying tax policy, and economic outcomes in a creative region 2020The effect on economic development of creative class versus human capital: panel evidence from German regions

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