This paper aims to identify the relationship between the Creative Capital theory and the unemployment rate. Using panel data from 370 Metropolitan Statistical Areas over a 12-year period, this study finds that talent, technology, and tolerance are not statistically significant determinants of the unemployment rate. The result is contrary to what Creative Capital theory suggests.
Major Themes in Economics
©2012 by Major Themes in Economics
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"Economic Development Strategy: The Creative Capital Theory,"
Major Themes in Economics, 14, 1-12.
Available at: https://scholarworks.uni.edu/mtie/vol14/iss1/3