Nightlife Economy Paper By Jesse Keyes

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The Nightlife Economy as Nexus to Regional
Development New York City a Case Study
Paper Proposal   Jesse Keyes Princeton
University  
Redevelopment of CBGB basement, 2010
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Introduction
The Nightlife Economy as Nexus to Regional
Development New York City a Case Study
No serious study on the size of the nightlife
economy and its role in New York regional
development Policy planning has had a
continuous and contentious history with respect
to nightlife establishments Hypothesis
Nightlife and its financial service investors is
a major underwriter to the development of the
cultural economy via the high pay it delivers
nightlife workers
Bartenders earning at the Boom Boom Room, 2012
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Size
This Study Aims to Develop Economic Understanding
of Nightlife Nightlife Plays a Big Role
While the New York City economy (and population)
flagged in the 70s and 80s, Nightlife continued
to grow (1) 100,000 Jobs (2) 400M in taxes
paid Definition Open only after 5PM and/or
establishments where a substantial portion of
revenue derive from alcohol and alcohol related
sales
9.6B
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NYC Population (1M)
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4
NYC Nightlife Size (1B)
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1900
1930
1960
2000
US Census and New York Nightlife Association
Why did Nightlife industry to continue to grow
while other economic activities waned?
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Typologies- nightlife
Construct Ideal-Typical Groups of Nightlife
Establishments Primary Unit of Analysis
Late Night Communicative Artisanal
Communicative Late Night Shock Mass Media
Shock Communicative facilitates the building of
bonds based on trust and future productive
activity Shock overwhelms participants with the
primary goal of generating revenue
Patrick Thaddeus Jackson, connecting values with
facts through ideal-typification
Ideal-Typical used to compare, contrast and
understand, grounded in field work
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Typologies- employees
Employee Segments are Clearly Distinct in Income,
Demographic and Employment Objectives
Hosts- reinvesting incomes in other
skills Managers- professional occupation Cooks-
professional occupation Immigrant Low Wage-
subsistence with limited upward mobility
(secondary sector)
Cooks, ideal-typification segment, but a distinct
grouping
An occupational approach places skills, or what
economists often call human capital, at the
center of the economic development process (1)
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Employee focus bohemians
Study Employment Objectives and Outcomes of each
Segment Concentrate on Hosts
Bohemians Per 100,000
Hosts most often reinvest incomes into artistic
and creative fields, where they hope to
succeed Bohemians may be described as artistic
professionals Pre-Bohemians or Pre-Bos a term
used in this study refers to those workers are
would be artistic professionals, but who cannot
earn a living from their passions How do
Pre-Bos finance the self-investment needed to
become artis?
800
600
400
200
1900
1950
2000
Richard Florida
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