The impact of cultural and creative industries on the wealth of countries, regions and municipalities

Abstract

This paper compares the total impact of cultural and creative industries (CCIs) on per capita income of countries, regions and municipalities. We estimate the total effects of CCIs in 78 developed and developing countries in 5 continents, in 275 European regions and in 518 municipalities in the European region of Valencia, using data obtained from multiple databases and nonparametric local linear least squares. The average effects of CCIs are positive in the three territorial scales, in both low- and high-income locations, and increase in conjunction with increases in development, with high and very high developed places showing greater impacts. CCIs are, thus, a powerful resource for improving the well-being of rich and poor places at all geographic scales; however, they also act as a double-edged sword, as they increase inequalities between places.

Rafael Boix Domenech Blanca De Miguel Molina Pau Rausell Köster Book Data de publicació 2021 Paraules clau Cultural and Creative industries, income, development, well-being, inequality Pages 1-21 Tags tags City city Edition edition Editors editors Publisher publisher DOI https://doi.org/10.1080/09654313.2021.1909540 ISBN ISBN