nep-cul New Economics Papers
on Cultural Economics
Issue of 2015‒10‒04
five papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

  1. Investment strategies in territorial development policies linked to culture and tourism. The investments in culture, tourism and trade in Tuscany for the 2007-2013 programming period By Sabrina Iommi; Donatella Marinari
  2. The Value of Endangered Forest Elephants for Local Communities in a Conservation Landscape By Jonas Ngouhouo Poufoun; Jens Abildtrup; Dénis Sonwa; Philippe Delacote
  3. New media, competition and growth: European cities after Gutenberg By Jeremiah Dittmar
  4. Capitalizing on Cultural difference: A Cross-Disciplinary Outlook from Social Psychology to International Business By Katiuscia Vaccarini; Barbara Pojaghi
  5. Growth and Cultural Preference for Education By Chu, Angus C.; Furukawa, Yuichi; Zhu, Dongming

  1. By: Sabrina Iommi (Istituto Regionale per la Programmazionae Economica della Toscana); Donatella Marinari (Istiuto Regionale per la Programmazionae Economica della Toscana)
    Abstract: This work offers an estimation of the cultural sector in Tuscany by determining the overall public investments with a survey of the expenditure on culture for the 2007-2013 programming period. The total amounts to 660 million Euros, which were financed jointly by European, national, regional and local funds, and used for 609 interventions in public infrastructures for culture, tourism and trade. Following their descriptive analysis that points out the distinctive characteristics in terms of thematic content, economic dimension and localization of projects, the work develops the analysis of the main drivers for the different investment choices, and finally estimates the impacts on medium-term job and income creation, and on the additional growth in tourist arrivals. A particular attention is paid to the effects related to the governance of investments, and firstly to the newly-introduced programming practices.
    Keywords: public funding, culture, tourism, Tuscany
    JEL: Z18
    Date: 2015
  2. By: Jonas Ngouhouo Poufoun (Laboratoire d'Economie Forestière, INRA - AgroParisTech; University of Lorraine; Center for International Forestry Research (CIFOR) - Central Africa Regional Office); Jens Abildtrup (Laboratoire d'Economie Forestière, INRA - AgroParisTech); Dénis Sonwa (Center for International Forestry Research (CIFOR) - Central Africa Regional Office); Philippe Delacote (Laboratoire d'Economie Forestière, INRA - AgroParisTech; Climate Economic Chair)
    Abstract: The purpose of this paper is to determine and characterize the social and cultural preferences for endangered forest elephants’ conservation in the Congo Basin’s Tridom landscape. The paper uses data from a 2014 representative face-to-face survey with a stratified random sample of 1035, in 108 villages in the Cameroonian and the Gabonese part of the landscape. To assess the willingness-to-pay (WTP) for elephant conservation, the questionnaire included two contingent valuation (CV) elicitation formats: Double Bounded Dichotomous choice (DBDC) and Open-Ended (OP). Combining both elicitation formats is expected to lead to an estimate that is closer to the true WTP. We find on average that local households are willing to pay monthly CFA 1139.4 (€1.74) to avoid forest elephants extinction. That’s CFA 62.8 million (€95,778) for the overall population per month or annually CFA 753.9 million ( €1.15 million). Indigenousness has a positive and significant higher WTP for elephant conservation. This is due to the loss of the spiritual enrichment, the cultural identity as well as the lifestyle of the indigenous Baka Pygmies with an extinction of the elephant. Applying spatial data, we find that local communities prefer elephant far from their crops. The estimates show that the existence of Human-Elephant Conflict does not influence their preferences for elephant conservation. Yet, this result is important, as the hypothetical scenario proposed to the households included the prevention of Forest-Elephant Conflict. Therefore, our study suggests that local communities can be willing to engage in biodiversity preservation, when the public benefit from conservation comes along with private benefits related to the avoidance of Human-Elephant Conflict.
    Keywords: Forest Elephant Extinction; indigenous people; Contingent Valuation; WTP; Interval Regression Model; Double-Hurdle Model.
    JEL: Q57 Q29 C24
    Date: 2015–10
  3. By: Jeremiah Dittmar
    Abstract: This research studies how variations in competition and in media content characterized the use and impact of Gutenberg's printing press technology during the European Renaissance. The research constructs annual firm-level panel data on the publications produced by 7,000+ printing firms operating in over 300 European cities 1454- 1600. Evidence on the timing of the premature deaths of firm owner-managers is used to isolate shocks to competition. Firms where owner-managers died experienced large negative shocks to output. However, at the citylevel deaths of incumbent managers were associated with significant increases in entrance and with a positive and persistent impact on competition and city output. Variations in city supply induced by heterogeneous manager deaths are used to study the relationship between the diffusion of ideas in print and city growth. A uniquely strong relationship is observed between the new business education literature and local growth. This is consistent with historical research on the transformative impact business education ideas had on commercial practices and European capitalism.
    Keywords: Information technology; IO; media; growth; history; business education
    JEL: L1 N9 N93 O11 O18 O33
    Date: 2015–08
  4. By: Katiuscia Vaccarini (University of Macerata, Italy); Barbara Pojaghi (University of Macerata, Italy)
    Abstract: Drawing upon social psychology and international business literature the aim of this paper is to raise international managers and entrepreneurs’ awareness on the opportunity to capitalize on cultural differences and diversity in international business settings. Following our quantitative and qualitative data collection based on managers’ perceptions on cultural differences, we propose and illustrate the sociocognitive value of a group cultural laboratory as a potential “structured business practice” which enables to overcome the failing ethnocentric view in cross-cultural business contexts and leverage inter-individual/collective rather than intra-psychic construction of knowledge. We focus on opportunities rather than distance.
    Keywords: cultural values, convergence of cultures, cross-cultural management cultural differences, awareness of opportunities generating from differences, group cultural laboratory
    Date: 2015–06
  5. By: Chu, Angus C.; Furukawa, Yuichi; Zhu, Dongming
    Abstract: In this note, we explore the implications of cultural preference for education in an innovation-driven growth model that features an interaction between endogenous human capital accumulation and technological progress. Parents invest in children's education partly due to the preference for their children to be educated. We consider a preference parameter that measures the degree of this parental or cultural preference for education. We find that a higher degree of parental preference for education increases human capital, which is conducive to innovation, but the increase in education investment also crowds out resources for R&D investment. As a result, a stronger cultural preference for education has an inverted-U effect on the steady-state equilibrium growth rate. We also analytically derive the complete transitional path of the equilibrium growth rate and find that an increase in the degree of education preference has an initial negative effect on economic growth.
    Keywords: economic growth, human capital, education, culture
    JEL: E24 O31 O41
    Date: 2015–09

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