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Research| The economic impact of public cultural expenditures on creative industries under increasing globalization | Ágúst Einarsson – Bifröst Journal of Social Science (2008) „The paper discusses the role of public authorities in the cultural sector. The level of public cultural expenditures is set by the budgets of central and local governments. Priorities in public cultural expenditures are largely determined by politicians. To evaluate politicians’ priority-setting, we look at the percentage of the total expenditures allocated to individual budget items. One conclusion of this paper is that there is a statistically significant correlation between the share of public cultural expenditures and the populations of individual countries. We discuss cultural activities as global public goods and the importance of public authorities. We discuss the definition of “creative industries” and compare an index of countries’ creativity to other important indices. The paper uses the music industry as an example to illustrate the use of management theory models to demonstrate the competitiveness of enterprises and nations within the creative industries.“ [More] |
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