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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: The phantom of the opera: Cultural amenities, human capital, and regional economic growth
Authors: Falck, Oliver
Fritsch, Michael
Heblich, Stephan
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Keywords: Cultural amenities
Regional economic growth
Human capital
Issue Date: Dec-2011
Publisher: Elsevier for the European Association of Labour Economists
Citation: Falck O, Fritsch M & Heblich S (2011) The phantom of the opera: Cultural amenities, human capital, and regional economic growth, Labour Economics, 18 (6), pp. 755-766.
Abstract: 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.
Type: Journal Article
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Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Ifo Institute for Economic Research, Germany
Friedrich Schiller University of Jena

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