An econometric analysis of the relationship between arts and cultural clusters, wages and the creative economy in English cities
In this paper, the authors built an econometric model that explores the impact of cultural clusters on the productivity of English cities using employment, occupational and institutional measures. Their analysis revealed a negative link between cultural clustering and wages, which they interpret as evidence of a compensating differential – skilled workers sacrificing higher salaries to live in places with vibrant cultural scenes.
Publication date: 20 August 2014
