Cultural Economic Measures

Cultural Economics is now a significant part of the cultural landscape and increasingly people are describing themselves as Cultural Economists.

The role is to analysis what contribution culture and cultural products make to the economic wellbeing of a country.

Penny Eames has developed a set of tools to measure cultural product contribution including using multiplier effects and opportunity cost comparisons.

Using and measuring using    Genuine Process Indicators (GPIs) will be an important part of cultural economic research, including research into the contribution culture plays in social, environmental and economic outcomes across any region.

The speech to the 17th International Conference on Cultural Economics shows measurement methods.    This speech starts in a Tasmania town of Geeveston and shows how the arts – in there case carvings can produce economic, social, environmental and cultural well-being.      For more information:

That speech can be downloaded     Paper Measuring Cultural Capital



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