Economic development and the creative industries: a tale of causality

Marco-Serrano, Francisco; Köster, Pau Rausell; Abeledo-Sanchis, Raúl

doi:10.1080/17510694.2014.958383

Cited by 42 publications

(28 citation statements)

References 8 publications

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“…His ideas are corroborated by other studies such as Figueira and Herrero [44], who through a territorial analysis of creative activities and their relationship with economic development in Portugal obtain results in which the cultural and creative sector represented 2.8% of GDP for 2006, showing more significant contributions than other sectors of the economy [28]. In addition, Marco-Serrano, Rausell-Koster, and Abeledo-Sanchis [45], in their study developed with European regional data from 1999 to 2008, observe the existence of significant feedback (bidirectional causality) between the GDP per capita and the employment intensity in CCI. They specifically point out that there is a "virtuous circle" that is fed by these industries.…”

Section: Relationship Between the Creative Industry And Economic Devesupporting

confidence: 57%

Role of Creative Industries as a Regional Growth Factor

et al. 2018

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The purpose of this study is to evaluate the impact of employment in creative industries on the regional and national economic growth of Ecuador. The methodology used is a panel econometric model in which the temporary and structural dimensions considered to meet the proposed objective are addressed. The inputs of a basic production function were considered and the influence of creative employment was estimated as a proxy indicator of the work factor and of tax collections as a proxy of the capital factor on regional production for the years 2009 and 2014. Noteworthy is that in the main findings of this research, the analysis of the correspondence of the variables used and the growth show a significant influence of creative employment on regional production and development. The concentration and heterogeneity of employment indicators in the territory is also significant, with the most favoured regions being the same ones whose participation in national production is significant, where the three most important urban axes of the country are also found, which are the leading territories regarding these indicators. Special situations are shown for the rest of the provinces.

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Section: Relationship Between the Creative Industry And Economic Devesupporting

confidence: 57%

Role of Creative Industries as a Regional Growth Factor

et al. 2018

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“…Although we partially tackle simultaneity problems by using time‐lagged variables, we also performed two‐stage least squares (2SLS) instrumental variable analysis (IV). With the IV model we can also address the causality issue and determine whether creative industries are a “driver” or “follower” of regional productivity growth (see Marco‐Serrano, Rausell‐Koster, and Abeledo‐Sanchis ).…”

Section: Methodsmentioning

confidence: 99%

“…Potts and Cunningham (2008) describe that creative industries could theoretically deliver either positive, negative, or neutral impacts on economic growth. A number of empirical contributions show that creative industries deliver positive effects on regional economic development (e.g., Baum, O'Connor, and Yigitcanlar 2009;Boix-Domenech, De-Miguel-Molina, and Hervas-Oliver 2013;de-Miguel-Molina et al 2012;Hong et al 2014;Lee 2014;Marco-Serrano, Rausell-Koster, and Abeledo-Sanchis 2014;Piergiovanni, Carree, and Santarelli 2012). Creative industries potentially increase the regional capacity to generate new ideas, resulting in innovation that enhances regional productivity (Boix-Domenech and Soler-Marco 2015).…”

Section: Introductionmentioning

confidence: 99%

Creative Industries and Regional Productivity Growth in the Developing Economy: Evidence from Indonesia

Fahmi¹,

Koster²

2017

Growth and Change

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This paper examines the degree to which creative industries stimulate regional productivity growth in a developing country, Indonesia. The Indonesian government promotes long‐established “traditional” craft businesses as creative industries, but they pay less attention to new knowledge creation and focus on highlighting heritage values as selling points. Our findings show that the “real” creative industries are still scarce and found mostly in fairly advanced urban regions. These industries are more likely to be an indicator than a driver of regional economic development. Meanwhile, those traditional businesses are much larger than creative industries and potentially contribute to regional productivity through consumption activities, thereby requiring different policy strategies.

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“…Creative industries are developing in many places of the world, particularly in the developed countries (Maryunani and Mirzanti, 2015). In the European Commission report of 2006 "The Economy of Culture in Europe" it was stated that creative and culture industries in Europe were as competitive as other industries, in some cases even more competitive because creative and culture industries represented the driving force behind economic growth and were based on their own workforce (Marco-Serranoa et al, 2014). As stated in the European Commission report, the European Union regions with a high concentration of culture and creative industries have a higher level of welfare (European Commission, 2011).…”

Section: Creative Industries -Theoretical Aspectsmentioning

confidence: 99%

“…According to evidence this is not just a simple correlation, the cause and effect relationship rather has a circular charactera well-off region makes more people being employed in culture and creative industries, while more people working in these sectors make the region wealthier. However, other studies suggest that the relationship is more complicated and sometimes even controversial (Marco-Serranoa et al, 2014). Potts and Cunningham (2008) pointed out that creative industries have different perception models, such as the welfare, competition, growth, innovation and social ones.…”

Section: Creative Industries -Theoretical Aspectsmentioning

confidence: 99%

Situation and Development Opportunities of Creative Industries Companies in Latvia

Dunska¹,

Marcinkevica²

2017

ERSJ

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Nowadays, the information economy is in the process of transition to a creative economy focusing on human creativity and innovative ideas. Creative industries are among the fastest growing sectors of the global economy, more and more of export capacity of the developed countries of the European Union relies on the creative capital and companies of the creative industries. However, the innovation and labour productivity rates of the Latvian population are lower than in the developed regions of Europe. The aim of the research is to evaluate the creative industries companies in Latvia, detect their problems and identify opportunities for development. At first, in the article, the theoretical basis of the activity and specificity of detecting creative industries have been reviewed, taking into account the fact that creativity is an intangible factor that is exposed to constant change and not easy to measure, which creates problems of management in practice. In the second part, the composition of the creative industries in Latvia is defined by identifying 8 groups according to the activity type, which can be directly attributed to creative industries, including software and computer services group. Next, based on statistical data and survey results, the characteristics of Latvian creative industries are defined in order to understand the current situation, problems in the creative industries sector; as well as analyse the development potential of the creative industries. At the end of the article, there are conclusions and suggestions for improving the performance of the creative industries companies. Used in the research are the following theoretical methods: textual analysis, document analysis and content analysis, the survey method, methods of data processing and statistical analysis. The period of research is from year 2010 to 2015. The survey part of the research took place from April until May 2016. The research was limited by the inaccessibility of the current statistical and economic information isolating the creative industries. Official data are only available at the NACE classification 2-digit level, which poses constraints for characterizing each creative sub-sector in the industry and could serve for the sectoral analysis of solely the sub-sectors directly linked to creativity.

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Economic development and the creative industries: a tale of causality

Cited by 42 publications

References 8 publications

Role of Creative Industries as a Regional Growth Factor

Role of Creative Industries as a Regional Growth Factor

Creative Industries and Regional Productivity Growth in the Developing Economy: Evidence from Indonesia

Situation and Development Opportunities of Creative Industries Companies in Latvia

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