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A Note On The Use Of Amenities To Attract Creative Class Members To A City

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  • Amitrajeet A. BATABYAL

    (Arthur J. Gosnell Professor of Economics, Department of Economics, Rochester Institute of Technology, Rochester, NY 14623-5604, USA)

  • Seung Jick YOO

    (Associate Professor, Sookmyung Women's University, Seoul, Republic of Korea)

Abstract

We study the decision problem faced by a city authority (CA) who seeks to attract members of the creative class to his city by providing amenities. Creative class members care about their own incomes and about the amenities that the city provides. We construct a stylized model of this interaction and shed light on three questions. First, we determine how much additional income must be paid to a representative creative class member to maintain her utility if amenities are withdrawn. Second, we compute the cost of generating amenity benefits that equal a specific fraction of the representative creative class member’s income. Finally, we discuss whether the provision of amenity benefits is a cost-effective way of raising the representative creative class member’s utility.

Suggested Citation

  • Amitrajeet A. BATABYAL & Seung Jick YOO, 2021. "A Note On The Use Of Amenities To Attract Creative Class Members To A City," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 11-14, June.
    • Handle: RePEc:hrs:journl:v:xiii:y:2021:i:1:p:11-14
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    References listed on IDEAS

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    1. Daniel Vossen & Rolf Sternberg & Christoph Alfken, 2019. "Internal migration of the ‘creative class’ in Germany," Regional Studies, Taylor & Francis Journals, vol. 53(10), pages 1359-1370, October.
    2. Haifeng Qian, 2010. "Talent, creativity and regional economic performance: the case of China," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(1), pages 133-156, August.
    3. Batabyal, Amitrajeet A. & Beladi, Hamid, 2018. "Artists, engineers, and aspects of economic growth in a creative region," Economic Modelling, Elsevier, vol. 71(C), pages 214-219.
    4. Yingxue Rao & Deyi Dai, 2017. "Creative Class Concentrations in Shanghai, China: What is the Role of Neighborhood Social Tolerance and Life Quality Supportive Conditions?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(3), pages 1237-1246, July.
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    Cited by:

    1. Batabyal, Amitrajeet A. & Yoo, Seung Jick, 2022. "Tax policy and interregional competition for mobile venture capital by the creative class," The North American Journal of Economics and Finance, Elsevier, vol. 61(C).
    2. Amitrajeet A. Batabyal, 2021. "How Many Members of the Creative Class Should a City Seek to Attract?," The Review of Regional Studies, Southern Regional Science Association, vol. 51(2), pages 161-169.
    3. Batabyal, Amitrajeet & Nijkamp, Peter, 2022. "Introduction to The Creative Class Revisited: New Analytical Advances," MPRA Paper 114163, University Library of Munich, Germany, revised 10 Aug 2022.

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    More about this item

    Keywords

    Amenity Benefits; City Authority; Cost-Effectiveness; Creative Class; Income;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

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