nep-cul New Economics Papers
on Cultural Economics
Issue of 2014‒12‒19
three papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

  1. Clash of TV platforms: How broadcasters and distributors build platform leadership By Evens, Tom
  2. Cultural diversity and entrepreneurship in England and Wales By Andres Rodríguez-Pose; Daniel Hardy
  3. Does culture matter for development ? By Lopez-Claros, Augusto; Perotti, Valeria

  1. By: Evens, Tom
    Abstract: The TV industry has evolved into a multi-sided market in recent years, with distribution platforms increasingly occupying a central position in the market. Whereas until recently their business models resembled that of utility providers, distributors start playing a multi-sided role, liaising with third-party content providers, advertisers and viewers. As a result, we might expect a struggle for platform leadership between TV broadcasters and distributors. This struggle is further intensified by the rise of over-the-top (OTT) TV platforms, which challenge existing power relationships in the TV industry and give rise to conflicts of interests in the media value chain. This paper attempts to provide a deeper understanding of the platformisation in the TV industry, and explore the levers both TV broadcasters and distributors employ in building power to pursue platform leadership.
    Keywords: TV industry,platformisation,business models,power
    Date: 2014
  2. By: Andres Rodríguez-Pose; Daniel Hardy
    Abstract: British regions are becoming increasingly culturally diverse, with migration as the main driver. Does this diversity benefit local economies? This research examines the impact of cultural diversity on the entrepreneurial performance of UK regions. We focus on two largely overlooked factors, the measurement of diversity, and the skills composition of diverse populations. First, more that demonstrating the importance of cultural diversity for entrepreneurship, we show that the type of cultural diversity measured is a decisive factor. Second, the skill composition of diverse populations is also key. Diversity amongst the ranks of the highly skilled exerts the strongest impact upon start-up intensities. The empirical investigation employs spatial regression techniques and carriers out several robustness checks, including instrumental variables specifications, to corroborate our findings.
    Keywords: Entrepreneurship, cultural diversity, high-skilled migration, knowledge spillovers
    JEL: J24 L26 M13 F22
    Date: 2014–11
  3. By: Lopez-Claros, Augusto; Perotti, Valeria
    Abstract: Economists have either avoided or struggled with the concept of culture and its role in economic development. Although a few theoretical works -- and even fewer empirical studies -- have appeared in the past decades, this paper tries to build on a multidisciplinary approach to review the evidence on whether and how culture matters for development. First, the paper reviews available definitions of culture and illustrates ways in which culture can change and create favorable conditions for economic development. Second, the paper discusses the challenges of separating the effect of culture from other drivers of human behavior such as incentives, the availability of information, or climate. Finally, the paper argues that globalization has led to the emergence of a set of progressive values that are common cultural traits of all developed economies.
    Keywords: Cultural Policy,Cultural Heritage&Preservation,Environmental Economics&Policies,Anthropology,Economic Theory&Research
    Date: 2014–11–01

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