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Purpose – The existing theoretical and empirical research on cultural impact is rather inconsistent. The purpose of this paper is to deal with the reasons for this inconsistency by debating the adequate inclusion of the cultural factor in the growth model and the way to properly measure...
Persistent link: https://www.econbiz.de/10014784624
Purpose – Despite the growing literature aimed at explaining how cultural and artistic production feeds economic growth, the causal relationships and interplays are not investigated in depth. In the attempt of filling this gap, the purpose of this paper is to examine arts, culture, and...
Persistent link: https://www.econbiz.de/10014784623
Persistent link: https://www.econbiz.de/10010382062
Purpose – The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach – The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio-economic factor....
Persistent link: https://www.econbiz.de/10010561115
Purpose – The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach – The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio‐economic...
Persistent link: https://www.econbiz.de/10014805751
Persistent link: https://www.econbiz.de/10010459188
Cultural Gravity is defined as the power of the cultural milieu of a locality to attract immigrants. We test the impact of Cultural Gravity on the spatial clustering and productivity of culturally diverse migrants throughout the European Union. We add to the literature in two ways. First, we...
Persistent link: https://www.econbiz.de/10015393893
Persistent link: https://www.econbiz.de/10003376651
Persistent link: https://www.econbiz.de/10003863139
We use a multi-region model and provide the first theoretical analysis of the effects of human capital use and a particular kind of innovative activity on economic growth. In each of the N heterogeneous regions in our model, consumers have constant relative risk aversion preferences, there are...
Persistent link: https://www.econbiz.de/10010698364