Mostrar el registro sencillo del ítem

Anatomy of the economic value generated by a cultural event

dc.contributor.authorAguado Quintero, Luis Fernando
dc.contributor.authorHeredia-Carroza, Jesús
dc.contributor.authorEspinosa Espinosa, Aaron
dc.contributor.authorGarizado Roman, Paola Andrea
dc.contributor.authorDuque Sandoval, Henry
dc.coverage.spatialLituania
dc.date.accessioned2024-11-12T16:09:06Z
dc.date.available2024-11-12T16:09:06Z
dc.date.issued2024-06-27
dc.date.submitted2024-11-12
dc.identifier.citationAguado, L. F., Heredia-Carroza, J., Espinosa-Espinosa, A., Garizado-Román, P. A., & Duque-Sandoval, H. (2024). Anatomy of the economic value generated by a cultural event. Journal of Business Economics and Management, 25(4), 828–848. https://doi.org/10.3846/jbem.2024.22066spa
dc.identifier.urihttps://hdl.handle.net/20.500.12585/12760
dc.description.abstractEl artículo mide los efectos económicos de las decisiones tomadas por dos agentes del sector cultural y creativo. Los gestores de un evento cultural deciden producirlo: movilizan un flujo de artistas y creativos que materializan sus creaciones. Los individuos deciden visitarlo: movilizan un flujo de individuos que producen experiencias al asistir al evento. El resultado se revela en la dimensión económica del valor generado por un evento cultural: nuevos ingresos y empleos para el territorio anfitrión del evento y experiencias culturales únicas y auténticas para los asistentes al evento. La literatura empírica ha llamado la atención sobre la necesidad de medidas más precisas del valor económico, en particular que no sobrestimen. Se utiliza una combinación de instrumentos: entrevistas (n = 6) a gestores/organizadores de eventos; una encuesta presencial (n = 173) a representantes de puestos comerciales; una encuesta presencial a asistentes (n = 1.030); y, se adapta un modelo de entrada-salida al área de impacto. El artículo proporciona un marco metodológicamente útil para identificar y estimar medidas más confiables del valor material (económico) creado por un evento cultural, que puede replicarse en una variedad de eventos alrededor del mundo.spa
dc.description.abstractThe article measures the economic effects of decisions made by two agents in the cultural and creative sector. Managers of a cultural event decide to produce it: it mobilizes a flow of artists and creatives who materialize their creations. Individuals decide to visit it: it mobilizes a flow of individuals who produce experiences by attending the event. The result is revealed by the economic dimension of the value generated by a cultural event: new income and jobs for the host territory of the event and unique and authentic cultural experiences for those attending the event. The empirical literature has drawn attention to the need for more precise measures of economic value, in particular that do not overestimate. A combination of instruments is used: interviews (n = 6) with event managers/organizers; a face-to-face survey (n = 173) with representatives of commercial stalls; a face-to-face survey of attendees (n = 1,030); and, an input–output model is adapted to the area of impact. The article provides a methodologically useful framework for identifying and estimating more reliable measures of the material (economic) value created by a cultural event, which can be replicated in a variety of events around the worldspa
dc.format.extent20
dc.format.mimetypeapplication/pdfspa
dc.language.isoengspa
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/*
dc.sourceJournal of Business Economics and Managementspa
dc.titleAnatomy of the economic value generated by a cultural eventspa
dcterms.bibliographicCitationAguado, L., Arbona., A., Palma, L. & Heredia-Carroza, J. (2021). How to value a cultural festival? The case of Petronio Álvarez Pacific Music Festival in Colombia. Development Studies Research, 8(1), 309–316. https://doi.org/10.1080/21665095.2021.1979417spa
dcterms.bibliographicCitationAlonso-Vazquez, M., Packer, J., Fairley, S. & Hughes, K. (2019). The role of place attachment and festival attachment in influencing attendees’ environmentally responsible behaviours at music festivals. Tourism Recreation Research, 44(1), 91–102. https://doi.org/10.1080/02508281.2018.1545393spa
dcterms.bibliographicCitationAngelini, F., & Castellani, M. (2019). Cultural and economic value: A critical review. Journal of Cultural Economics, 43, 173–188. https://doi.org/10.1007/s10824-018-9334-4spa
dcterms.bibliographicCitationAteca-Amestoy, V. (2020). Participation, in R. Towse & T. Navarrete Hernández (Eds.), A handbook of cultural economics (pp. 399–407). Edward Elgar Publishing. https://doi.org/10.4337/9781788975803.00050spa
dcterms.bibliographicCitationBelfiore, E. (2020), Whose cultural value? Representation, power and creative industries. International Journal of Cultural Policy, 26(3), 383–397. https://doi.org/10.1080/10286632.2018.1495713spa
dcterms.bibliographicCitationBethlehem, J. (2009). Applied survey methods: A statistical perspective (chapter 4). Wiley. https://doi.org/10.1002/9780470494998spa
dcterms.bibliographicCitationBoyd, S. (2020). Cultural and heritage tourism in contemporary cities. In A. M. Morrison & J. A. CocaStefaniak (Eds.), Routledge handbook of tourism cities. Routledge. https://doi.org/10.4324/9780429244605-18spa
dcterms.bibliographicCitationBrito, P. & Barros, C. (2005). Learning-by-consuming and the dynamics of the demand and prices of cultural goods. Journal of Cultural Economics, 29, 83–106. https://doi.org/10.1007/s10824-005-1748-0spa
dcterms.bibliographicCitationCaves, R. (2000), Creative industries. Contracts between art and commerce. Harvard University Pressspa
dcterms.bibliographicCitationCerisola, S., & Panzera, E. (2021) Cultural and creative cities and regional economic efficiency: Context conditions as catalyzers of cultural vibrancy and creative economy. Sustainability, 13, Article 7150. https://doi.org/10.3390/su13137150spa
dcterms.bibliographicCitationCrompton, J. (2020). Uses and abuses of IMPLAN in economic impact studies of tourism events and facilities in the United States: A perspective article. Tourism Review, 75(1), 187–190. https://doi.org/10.1108/TR-05-2019-0159spa
dcterms.bibliographicCitationCrompton, J. (2006). Economic impact studies: Instruments for political shenanigans? Journal of Travel Research, 45(1), 67–82. https://doi.org/10.1177/0047287506288870spa
dcterms.bibliographicCitationCrompton, J. (2020). Uses and abuses of IMPLAN in economic impact studies of tourism events and facilities in the United States: A perspective article. Tourism Review, 75(1), 187–190. https://doi.org/10.1108/TR-05-2019-0159spa
dcterms.bibliographicCitationCudny, W. (2016). The concept, origins and types of festivals. In Festivalisation of urban spaces (pp. 11–42). Springer. https://doi.org/10.1007/978-3-319-31997-1_6spa
dcterms.bibliographicCitationDavies, L., Coleman, R., & Ramchandani, G. (2013). Evaluating event economic impact: Rigour versus reality? International Journal of Event and Festival Management, 4(1), 31–42. https://doi.org/10.1108/17582951311307494spa
dcterms.bibliographicCitationDe-Miguel-Molina, B., & Boix-Doménech, R. (2021), Introduction: Music, from intangible cultural heritage to the music industry. In B. De-Miguel-Molina, V. Santamarina-Campos, M. De-Miguel-Molina, & R. Boix-Doménech (Eds.), Music as intangible cultural heritage. Economic, Cultural and Social Identity. Springer Briefs in Economics (pp. 3–8). Springer. https://doi.org/10.1007/978-3-030-76882-9_1spa
dcterms.bibliographicCitationDeepanjan, S., & Sen, J. (2023). Characterizing the geography of artisanal production: Case of handloom industry in Varanasi, India. Creative Industries Journal.spa
dcterms.bibliographicCitationDevesa, M., & Roitvan, A. (2022). Beyond economic impact. The cultural and social effects of arts festivals. In E. Salvador & J. Strandgaard Pedersen (Eds.), Managing cultural festivals: Tradition and innovation in Europe (pp. 189–209). Routledge. https://doi.org/10.4324/9781003127185-14spa
dcterms.bibliographicCitationDimitrovski, D., Leković, M., & Đurađević, M. (2023). The issue of methodological rigour within the data collection process in tourism and sports studies investigating the economic impact of sporting events. Current Issues in Tourism, 26(14), 2389–2404. https://doi.org/10.1080/13683500.2022.2086452spa
dcterms.bibliographicCitationEuropean Commission, Directorate-General for Education, Youth, Sport and Culture, Hoelck, K., Engin, E., & Airaghi, E. (2017). Mapping the creative value chains. A study on the economy of culture in the digital age: Final report. Publications Office. https://data.europa.eu/doi/10.2766/868748spa
dcterms.bibliographicCitationFernandez, E., Hewings, G., & Ramos, C. (2015). Adjustment of input–output tables from two initial matrices. Economic Systems Research, 27(3), 345–361. https://doi.org/10.1080/09535314.2015.1007839spa
dcterms.bibliographicCitationGarcia, M., & Judd, D. (2012). Competitive cities. In P. John, K. Mossberger, & S. E. Clarke (Eds.), The Oxford handbook of urban politics. Oxford Academic. https://doi.org/10.1093/oxfordhb/9780195367867.013.0024spa
dcterms.bibliographicCitationGetz, D., & Page, S. (2019). Event studies: Theory, research and policy for planned events (4th ed.). Routledge. https://doi.org/10.4324/9780429023002spa
dcterms.bibliographicCitationGreffe, X. (2010). Introduction: L’économie de la culture est–elle particulière? Revue d’économie politique, 120(1), 1–34. https://doi.org/10.3917/redp.201.0001spa
dcterms.bibliographicCitationHewings, G. (2020). Regional input–output analysis. Web Book of Regional Science. Regional Research Institute, West Virginia Universityspa
dcterms.bibliographicCitationHewings, G. & Fernández, E. (2019). Entropy maximization and input–output analysis. Interdisciplinary Science Reviews, 44(3–4), 272–285. https://doi.org/10.1080/03080188.2019.1670429spa
dcterms.bibliographicCitationHiggs, P., Cunningham, S., & Pagan, J. (2007). Australia’s creative economy: Basic evidence on size, growth, income and employment (Technical Report). Faculty Research Office, ARC Centre of Excellence for Creative Industries & Innovation (CCI).spa
dcterms.bibliographicCitationHolý, V., & Šafr, K. (2023) Disaggregating input–output tables by the multidimensional RAS method: A case study of the Czech Republic. Economic Systems Research 35(1), 95–117. https://doi.org/10.1080/09535314.2022.2091978spa
dcterms.bibliographicCitationHutter, M., & Frey, B. (2010). On the influence of cultural value on economic value. Revue d’économie politique, 120(1), 35–46. https://doi.org/10.3917/redp.201.0035spa
dcterms.bibliographicCitationKlamer, A., Petrova, L., & Eva Kiss, D. (2022). Cultural value of a festival: The quality evaluator for assessing impact. In E. Salvador & J. Strandgaard Pedersen (Eds.), Managing cultural festivals: Tradition and innovation in Europe (pp. 210–231). Routledge. https://doi.org/10.4324/9781003127185-15spa
dcterms.bibliographicCitationKulenovic, J., & Cech, A. (2015). Six case studies of economically successful cities: Competitive cities for jobs and growth. World Bank. http://hdl.handle.net/10986/23573spa
dcterms.bibliographicCitationLévy-Garboua, L., & Montmarquette, C. (2011). Demand. In R. Towse (Ed.), Handbook of cultural economics (2d ed., Chapter 26, pp. 177–186). Edward Elgar Publishing. https://doi.org/10.4337/9780857930576.00032spa
dcterms.bibliographicCitationLlop, M., & Arauzo-Carod, J. M. (2012). Identifying the economic impact behind a cultural asset: An input–output subsystems analysis. The Annals of Regional Science, 49, 861–877. https://doi.org/10.1007/s00168-011-0464-2spa
dcterms.bibliographicCitationMahajan, S. (Ed.) (2018). Handbook on supply and use tables and input–output tables with extensions and applications. United Nationsspa
dcterms.bibliographicCitationMatarasso, F. (1997). Use or Ornament? The social impact of participation in the arts. Comedia.spa
dcterms.bibliographicCitationMcCain, R. (1979). Reflections on the cultivation of taste. Journal of Cultural Economics, 3(1), 30–52. https://doi.org/10.1007/BF00167321spa
dcterms.bibliographicCitationMcCarthy, K., Ondaatje, E., Zakaras, L., & Brooks, A. (2004). Gifts of the muse: Reframing the debate about the benefits of the arts. Rand Corporation, Santa Monica, United States. https://doi.org/10.7249/MG218spa
dcterms.bibliographicCitationMeeprom, S., & Fakfare, P. (2021). Unpacking the role of self-congruence, attendee engagement and emotional attachment in cultural events. International Journal of Event and Festival Management, 12(4), 399–417. https://doi.org/10.1108/IJEFM-02-2021-0018spa
dcterms.bibliographicCitationMiernyk, W. H. (2020). Regional and interregional input–output analysis. The elements of input–output analysis. Web Book of Regional Science. Regional Research Institute, West Virginia University.spa
dcterms.bibliographicCitationMiller, R., & Blair, P. (2022). Input–output analysis: Foundations and extensions (3rd ed.). Cambridge University Press. https://doi.org/10.1017/9781108676212spa
dcterms.bibliographicCitationMoggridge, D. (Ed.) (1982). The collected writings of John Maynard Keynes. Vol. XXVIII: Social, political and literary writings (Chapter 3, pp. 341–349). The Macmillan Press.spa
dcterms.bibliographicCitationOrganization for Economic Co-operation and Development. (2005). Culture and local development. OECD Publishingspa
dcterms.bibliographicCitationOrganization for Economic Co-operation and Development. (2023a). How to measure the impact of culture, sports and business events: A guide, Part I, No 2023/10 (OECD Local Economic and Employment Development (LEED) Papers). OECD Publishing.spa
dcterms.bibliographicCitationOrganization for Economic Co-operation and Development. (2023b). Impact indicators for culture, sports and business events: A guide – Part II, No 2023/11 (OECD Local Economic and Employment Development (LEED) Papers). OECD Publishingspa
dcterms.bibliographicCitationPalma, M., Palma, L., & Aguado, L. (2013). Determinants of cultural and popular celebration attendance: The case study of Seville Spring Fiestas. Journal of Cultural Economics, 37(1), 87–107. https://doi.org/10.1007/s10824-012-9167-5spa
dcterms.bibliographicCitationPartal, A., & Dunphy, K. (2016), Cultural impact assessment: A systematic literature review of current methods and practice around the world. Impact Assessment and Project Appraisal, 34(1), 1–13. https://doi.org/10.1080/14615517.2015.1077600spa
dcterms.bibliographicCitationPereira, F., Amaral e Silva, M., & Martins de Brito, D. (2023). The economic contribution of the cultural sector in Brazil: an input–output approach with different income groups. Creative Industries Journal. https://doi.org/10.1080/17510694.2023.2203397spa
dcterms.bibliographicCitationPereira, L., Jerónimo, C., Sempiterno, M., Lopes da Costa, R., Dias, Á., & António, N. (2021). Events and festivals contribution for local sustainability. Sustainability, 13(3), Article 1520. https://doi.org/10.3390/su13031520spa
dcterms.bibliographicCitationPetrova, L., Graça, S., & Klamer, A. (2022). Evaluating qualities of cultural production: a value-based approach. Media Practice and Education, 23(2), 112–125. https://doi.org/10.1080/25741136.2022.2056793spa
dcterms.bibliographicCitationTen Raa, T. (2009). The economics of input–output analysis. Cambridge University Press. https://doi.org/10.1017/CBO9780511610783spa
dcterms.bibliographicCitationRodrigues-Ferreira, A., Afonso, H., Mello, J. A., & Amaral, R. (2023). Creative economy and the quintuple helix innovation model: A critical factors study in the context of regional development. Creativity Studies, 16(1), 158–177. https://doi.org/10.3846/cs.2023.15709spa
dcterms.bibliographicCitationSACO. (2016). National arts festival. Monitoring and evaluation: Key development indicator report on a DAC intervention. South African Cultural Observatory, SACO, Department of Arts and Culture, Republic of South Africa, Port Elizabeth, Republic of South Africa.spa
dcterms.bibliographicCitationSACO. (2019). An input–output model for the cultural and creative industries in South Africa and possible extension. South African Cultural Observatory, SACO, Department of Arts and Culture, Republic of South Africa, Port Elizabeth, Republic of South Africa.spa
dcterms.bibliographicCitationŠagovnović, I., Pivac, T., & Kovačić, S. (2022). Examining antecedents of residents support for the European Capital of Culture project – event’s sustainability perception, emotional solidarity, community attachment and brand trust. International Journal of Event and Festival Management, 13(2), 182–202. https://doi.org/10.1108/IJEFM-02-2021-0009spa
dcterms.bibliographicCitationSantamarina, B. (2023). The global competition of the intangible. UNESCO as a Producer of Heritage Brands, Heritage & Society. https://doi.org/10.1080/2159032X.2023.2226572spa
dcterms.bibliographicCitationSeaman, B. (2006). Empirical studies of demand for the performing arts. In V. Ginsburgh & D. Throsby (Eds.), Handbook of the economics of art and culture (Vol. 1, pp. 15–472). Elsevier. https://doi.org/10.1016/S1574-0676(06)01014-3spa
dcterms.bibliographicCitationSeaman, B. (2020). Economic impact of the arts. In R. Towse & T. Navarrete Hernández (Eds.), A handbook of cultural economics (pp. 241–253). Edward Elgar Publishing. https://doi.org/10.4337/9781788975803.00033spa
dcterms.bibliographicCitationSnowball, J. (2008). Measuring the value of culture. Methods and examples in cultural economics. Springer Verlag.spa
dcterms.bibliographicCitationSnowball, J. (2020). Cultural value. In R. Towse & T. Navarrete Hernández (Eds.), A handbook of cultural economics (pp. 206–215). Edward Elgar Publishing. https://doi.org/10.4337/9781788975803.00029spa
dcterms.bibliographicCitationStigler, G., & Becker, G. (1977). De gustibus non est disputandum. American Economic Review, 67(2), 76–90.spa
dcterms.bibliographicCitationSung, H. (2014). UNESCO framework for cultural indicators. In A. C. Michalos (Ed.), Encyclopedia of quality of life and well–being research. Springer. https://doi.org/10.1007/978-94-007-0753-5_3079spa
dcterms.bibliographicCitationThrosby, D. (2003). Determining the value of cultural goods: How much (or how little) does contingent valuation tell us? Journal of Cultural Economics, 27, 275–285. https://doi.org/10.1023/A:1026353905772spa
dcterms.bibliographicCitationThrosby, D. (2020). Cultural statistics, in R. Towse & T. Navarrete Hernández (Eds.), A handbook of cultural economics (pp. 197–215). Edward Elgar Publishing. https://doi.org/10.4337/9781788975803.00028spa
dcterms.bibliographicCitationUNESCO, & World Bank. (2021). Cities, culture, creativity: Leveraging culture and creativity for sustainable urban development and inclusive growthspa
dcterms.bibliographicCitationUNESCO. (2015). Festival statistics: Key concepts and current practices.spa
dcterms.bibliographicCitationUNESCO. (2022). Reshaping policies for creativity: Addressing culture as a global public good.spa
dcterms.bibliographicCitationUNESCO. (2009). The 2009 UNESCO framework for cultural statistics (FCS).spa
dcterms.bibliographicCitationUnited Nations. (2000). Recommendations on tourism statistics. Statistical Papers, Series M, 83. United Nations Publication Series M No. 83 (Rev–1.0).spa
dcterms.bibliographicCitationVan der Hoeven, A., Behr, A., Hamilton, C., Mulder, M., & Rozbicka, P. (2021). 1–2–3–4! Measuring the values of live music: Methods, models and motivations. Arts and the Market, 11(2), 147–166. https://doi.org/10.1108/AAM-09-2020-0041spa
datacite.rightshttp://purl.org/coar/access_right/c_abf2spa
oaire.versionhttp://purl.org/coar/version/c_ab4af688f83e57aaspa
dc.type.driverinfo:eu-repo/semantics/articlespa
dc.type.hasversioninfo:eu-repo/semantics/restrictedAccessspa
dc.identifier.doi10.3846/jbem.2024.22066
dc.subject.keywordsEventos culturalesspa
dc.subject.keywordsSector culturalspa
dc.subject.keywordsValor culturalspa
dc.subject.keywordsValor económicospa
dc.subject.keywordsAnálisis de insumo productospa
dc.subject.keywordsFestival de Música del Pacífico Petronio Álvarezspa
dc.subject.keywordsCultural eventsspa
dc.subject.keywordsCultural sectorspa
dc.subject.keywordsCultural valuespa
dc.subject.keywordsEconomic valuespa
dc.subject.keywordsInput–output analysisspa
dc.subject.keywordsPetronio Álvarez Pacific Music Festival.spa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.rights.ccCC0 1.0 Universal*
dc.identifier.instnameUniversidad Tecnológica de Bolívarspa
dc.identifier.reponameRepositorio Universidad Tecnológica de Bolívarspa
dc.publisher.placeCartagena de Indiasspa
dc.subject.armarcLEMB
dc.publisher.facultyInstituto IDEEASspa
dc.type.spahttp://purl.org/coar/resource_type/c_2df8fbb1spa
dc.audiencePúblico generalspa
dc.publisher.sedeCampus Tecnológicospa
oaire.resourcetypehttp://purl.org/coar/resource_type/c_2df8fbb1spa
dc.publisher.disciplineEconomíaspa


Ficheros en el ítem

Thumbnail
Nombre:
Aguado, Heredia, Espinosa et ...
Tamaño:
953.6Kb
Formato:
PDF
Descripción:
Artículo principal
Ver/
Thumbnail
Nombre:
license_rdf
Tamaño:
701bytes
Formato:
application/rdf+xml
Ver/

Este ítem aparece en la(s) siguiente(s) colección(ones)

Mostrar el registro sencillo del ítem

http://creativecommons.org/publicdomain/zero/1.0/
http://creativecommons.org/publicdomain/zero/1.0/

Universidad Tecnológica de Bolívar - 2017 Institución de Educación Superior sujeta a inspección y vigilancia por el Ministerio de Educación Nacional. Resolución No 961 del 26 de octubre de 1970 a través de la cual la Gobernación de Bolívar otorga la Personería Jurídica a la Universidad Tecnológica de Bolívar.