The Economic Impact of Cultural Spending in European Countries - An Empirical Approach to Cultural Capital

I provide, for the first time, an initial approach to explore the effects of cultural capital on economy growth. I use the growth accounting framework and the human development approach according to the theoretical framework of Herbertsson (2003) and Beraldo, Montolio and Turati (2009) for health and education expenditure and for the public expenditure in culture. To prove this I use the Bucci and Segre (2011) model, only the production side. For the definition of cultural capital I use that given by Throsby (2010) to construct my cultural capital, that is composed by the total public expenditure in culture and the number of museums.

About the author

Simone Fiammengo: He studied Economics at the Faculty of Economics of Turin. In 2013 he obtained the master degree in Economics and in 2011 the first level degree in Economia e Commercio.

Product details

• Authors: Simone Fiammengo
• Publisher: Edizioni Accademiche Italiane
• Languages: English
• Product format: Paperback / Softback
• Released: 12.05.2014
• EAN: 9783639635089
• ISBN: 978-3-639-63508-9
• No. of pages: 76
• Subject: Social sciences, law, business > Business > Economics