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The Importance of Creative Industry Agglomerations in Explaining the Wealth of European Regions

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  • Blanca De Miguel Molina
  • José Luis Hervás Oliver
  • Rafael Boix Domenech
  • María De Miguel Molina

Abstract

This paper examines the existence of regional agglomerations of manufacturing, service and creative industries, the relationship between these industries and the wealth of regions and their industrial structure. Through an analysis of 250 European regions, three important conclusions can be inferred from the results obtained in this paper. The first is that creative industries play an important role in the wealth of a region. The second is that the most creative regions are characterized by having more high-tech manufacturing industries than the rest of the regions although the number of low-tech manufacturing firms is similar. Lastly, the industrial structure of each region has a greater influence on regional wealth than the existence of industrial agglomerations. The importance of this paper resides in the fact that up until now no analysis has demonstrated that creative industries are the most important industries in regional wealth.

Suggested Citation

  • Blanca De Miguel Molina & José Luis Hervás Oliver & Rafael Boix Domenech & María De Miguel Molina, 2011. "The Importance of Creative Industry Agglomerations in Explaining the Wealth of European Regions," ERSA conference papers ersa11p472, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa11p472
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    Cited by:

    1. Sara Cruz & Aurora Teixeira, 2015. "The neglected heterogeneity of spatial agglomeration and co-location patterns of creative employment: evidence from Portugal," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(1), pages 143-177, January.
    2. Luciana Lazzeretti & Niccolò Innocenti & Francesco Capone, 2015. "Does Related variety matter for Creative Industries?," Papers in Evolutionary Economic Geography (PEEG) 1510, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2015.
    3. Veronika CHALA, 2015. "The peculiarities of trade specialization in creative industries in the Central and Eastern European countries," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6, pages 91-109, June.
    4. Rafael Boix & Blanca De-Miguel-Molina & Jose-Luis Hervas-Oliver, 2013. "Creative service business and regional performance: evidence for the European regions," Service Business, Springer;Pan-Pacific Business Association, vol. 7(3), pages 381-398, September.

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