Economic impacts of arts and culture

We understand the economic impact of arts and culture to mean specifically the benefit to the economy derived through employment within the cultural sector, export or sales of cultural goods and services, and activity within the cultural sector that has a broader commercial component or spin-off.

The summaries in this category are:

Calculating the economic value of a museum

This research was conducted by Timo Tohmo at the University of Jyväskylä, Finland

Summary

This study attempted to find the economic value of a museum to its local population. The museum in questions was the Museum of Central Finland in the town of Jyväskylä. The research used the economic techniques …

By | 10 April 2014 |

The economic impact of music festivals is determined by size and location

This research was conducted by Melville Saayman and Andrea Saayman at North-West University, South Africa

Summary

This paper examined the economic impact of arts festivals in South Africa and found that the size of the economic impact was related to the size and location of the town hosting the event. This …

By | 10 April 2014 |

Salamanca, Capital of Culture 2002, generated an economic impact of €701.5m

This research was conducted by Luis César Herrero, José Ángel Sanz, María Devesa, Ana Bedate and María José del Barrio at the University of Valladolid, Spain

Summary

The paper analysed a range of data to calculate the economic impact of the European Capital of Culture coming to Salamanca in the Castilla …

By | 10 April 2014 |