| By: |
Cellini, Roberto;
Cuccia, Tiziana |
| Abstract: |
The purpose of this paper is to investigate the relation between the economic
resilience and cultural behaviour, resorting to the evidence provided by the
20 Italian regions at the time of the Great recession. We consider specific
cultural behaviours, which provide a specific meaning of culture; its relation
with the resilience ability of regions is analysed. We document that higher
level of supplied and demanded quantity of cultural goods in a region
associate with higher regional economic resilience as measured by the ability
of limiting employment drop; the relation with the considered cultural
behaviours is weaker in the case of economic resilience as measured by the
ability of limiting income drop. We propose possible explanations for this
asymmetry. |
| Keywords: |
Regions, Economic resilience, Great Recession, Cultural goods, Italy |
| JEL: |
R39 Z10 |
| Date: |
2018–01–11 |
| URL: |
https://d.repec.org/n?u=RePEc:pra:mprapa:83904 |