Artikel
Economic growth and the arts: A macroeconomic study
Arts proponents frequently argue that the arts have a positive impact on the economy, yet this assertion is not supported by satisfactory statistical testing. Using the U.S. Gross Domestic Product (GDP) and National Arts Index (NAI), this study seeks to verify the contention that arts activities enhance economic growth. The test results signify, at the national level, a positive correlation between arts activities and economic growth in the U.S. between 2002 and 2013. However, the results do not yield strong statistical evidence for a causal relationship between GDP and NAI during the same time period. These findings do not necessarily invalidate the economic impact argument, but they do align with a call for further inquiry into the economic impact of the arts as expressed by other scholars. This study includes an overview of the development of the arts' economic impact argument as well as a discussion of ancillary research implications in the concluding section.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 7 ; Year: 2020 ; Issue: 1 ; Pages: 1-10 ; Abingdon: Taylor & Francis
- Klassifikation
-
Management
- Thema
-
economic growth
arts
economic impact
gross domestic product
national arts index
GDP
NAI
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lee, Rawon
Hong, KiHoon
Chang, WoongJo
- Ereignis
-
Veröffentlichung
- (wer)
-
Taylor & Francis
- (wo)
-
Abingdon
- (wann)
-
2020
- DOI
-
doi:10.1080/23311975.2020.1807203
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Lee, Rawon
- Hong, KiHoon
- Chang, WoongJo
- Taylor & Francis
Entstanden
- 2020
Ähnliche Objekte (12)
Causality between foreign direct investment and economic growth for Cambodia
Foreign direct investment and economic growth: The role of financial development
Exchange rate misalignment, state fragility, and economic growth in sub-Saharan Africa
Determinants of economic growth in Hong Kong: The role of stock market development
Trade openness and economic growth in Botswana: Evidence from cointegration and error-correction modelling
The short- and long-run relationship between trade openness and economic growth in Uganda
The impact of trade openness on economic growth: The case of Cote d'Ivoire
Tax Revenue And Economic Growth In Nigeria
Financial development and economic growth: Evidence from a panel of 16 African and non-African low-income countries
The nexus between export diversification, imports, capital and economic growth in the United Arab Emirates: An empirical investigation
Macroeconomic determinants of long-term sovereign bond yields in South Africa
Exploring the asymmetric effect of lending rate on economic growth in Ghana: Evidence from nonlinear autoregressive distributed lag model
Causality between foreign direct investment and economic growth for Cambodia
Foreign direct investment and economic growth: The role of financial development
Exchange rate misalignment, state fragility, and economic growth in sub-Saharan Africa
Determinants of economic growth in Hong Kong: The role of stock market development
Trade openness and economic growth in Botswana: Evidence from cointegration and error-correction modelling
The short- and long-run relationship between trade openness and economic growth in Uganda
The impact of trade openness on economic growth: The case of Cote d'Ivoire
Tax Revenue And Economic Growth In Nigeria
Financial development and economic growth: Evidence from a panel of 16 African and non-African low-income countries
The nexus between export diversification, imports, capital and economic growth in the United Arab Emirates: An empirical investigation
Macroeconomic determinants of long-term sovereign bond yields in South Africa
Exploring the asymmetric effect of lending rate on economic growth in Ghana: Evidence from nonlinear autoregressive distributed lag model
Causality between foreign direct investment and economic growth for Cambodia
Foreign direct investment and economic growth: The role of financial development
Exchange rate misalignment, state fragility, and economic growth in sub-Saharan Africa
Determinants of economic growth in Hong Kong: The role of stock market development
Trade openness and economic growth in Botswana: Evidence from cointegration and error-correction modelling
The short- and long-run relationship between trade openness and economic growth in Uganda
The impact of trade openness on economic growth: The case of Cote d'Ivoire
Tax Revenue And Economic Growth In Nigeria
Financial development and economic growth: Evidence from a panel of 16 African and non-African low-income countries
The nexus between export diversification, imports, capital and economic growth in the United Arab Emirates: An empirical investigation
Macroeconomic determinants of long-term sovereign bond yields in South Africa