Music in the air: Estimating the social return to cultural amenities.

Autor/inn/en	Falck, Oliver; Fritsch, Michael; Heblich, Stephan; Otto, Anne
Institution	CESifo GmbH
Titel	Music in the air: Estimating the social return to cultural amenities. Gefälligkeitsübersetzung: Musik liegt in der Luft: Einschätzung des gesellschaftlichen Nutzens kultureller Angebote.
Quelle	München (2015), 39 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CESifo working paper. 5183
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Kultur; Wohnort; Musik; Einkommenseffekt; Erwerbstätigkeit; Wirtschaft; Arbeitsplatzwahl; Qualifikationsstruktur; Freizeitangebot; Infrastruktur; Regionaler Faktor; Standortfaktor; Struktur; Hoch Qualifizierter
Abstract	If being around smart people makes us smarter and more productive, what can regions do to attract smart people? This paper considers endogenous cultural amenities as a location factor for high-skilled workers. To overcome selection in the provision of cultural amenities, we exploit the variation in contemporaneous cultural amenities stemming from baroque opera houses in Germany that emerged during a time when the decision for an opera house was mainly determined by the ruler's preferences and rarely by funding constraints. To assess spillovers from high-skilled workers attracted by cultural amenities, we use a 1-percent sample drawn from the population of all West German workers under social security during the period 1975-2010. This panel of individual observations allows us to compare wages of similar individuals who work in locations with different levels of high-skilled workers who are attracted by cultural amenities. To account for non-random selection of workers among cities, we use individual-location fixed effects. Our results show that cultural amenities are an important factor in the location decision of high-skilled workers. The positive effect of the local share of high-skilled workers on unskilled, skilled and high-skilled wages indicates strong and productive spillovers. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2015/3