Abstract
This study examinesI study the relationship between innovation, income segregation, and income inequality in US metropolitan statistical areas (MSAs) between 1991 and 2009. I theorize that innovation increases income segregation by disproportionately benefiting the creative class, affluent innovators whose living preferences are most powerful, at the expense of the poor in cities. Using a multivariate regression analysis, the data show that innovation in both decades has a very significant causal relationship with income segregation at the top and bottom of the income distribution and income inequality for the 2000s. The descriptive data show that the distribution of innovation is wildly unequal between MSAs with an astronomical skewness and kurtosis for both decades. As an MSA innovates more, the significance between innovation and the segregation of poverty deteriorates to an insignificant level by 2009. The data supports my theory that the innovation and the creative class are the main group increasing income segregation in MSAs.
Advisor
Valdez, John
Second Advisor
Corral, Alvaro
Department
Political Science
Recommended Citation
Ricoy, Ian, "Innovation and Income Segregation: Engine of Growth and Separation" (2020). Senior Independent Study Theses. Paper 8990.
https://openworks.wooster.edu/independentstudy/8990
Disciplines
American Politics
Keywords
innovation, income segregation, income inequality, gentrification, metropolitan areas, creative class, economics
Publication Date
2020
Degree Granted
Bachelor of Arts
Document Type
Senior Independent Study Thesis
© Copyright 2020 Ian Ricoy