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Culture-based development: empirical evidence for Germany

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  • Annie Tubadji

Abstract

Purpose – The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach – The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio-economic factor. The outlined CBD mechanism of impact is expressed in a testable empirical model. Alternative approaches for operationalizing the CBD definition of cultural capital are suggested and a real data application on intra-regional level (for German Kreise) is presented. Findings – The findings illustrate the ability of the CBD model to capture the statistical significance of culture. Originality/value – The paper demonstrates the two innovative elements of the CBD approach to culture: first, measuring culture with a factor variable as a better alternative to the mono-dimensional variables inferred by the state of the art; and second, thus capturing the overall economic meaning of the cultural factor (not just one aspect of it) for local socio-economic development.

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Bibliographic Info

Article provided by Emerald Group Publishing in its journal International Journal of Social Economics.

Volume (Year): 39 (2012)
Issue (Month): 9 (July)
Pages: 690-703

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Handle: RePEc:eme:ijsepp:v:39:y:2012:i:9:p:690-703

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Related research

Keywords: Culture; Economic growth; Germany; Local economies; National economy; Religion; Resources;

References

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  1. GianMarco Ottaviano & Giovanni Peri, 2004. "The Economic Value of Cultural Diversity: Evidence from US cities," Econometric Society 2004 North American Summer Meetings 91, Econometric Society.
  2. Gianmarco I.P. Ottaviano & Giovanni Peri, 2004. "Cities and Cultures," Working Papers 2004.92, Fondazione Eni Enrico Mattei.
  3. Guido Tabellini, 2006. "Culture and institutions: economic development in the regions of Europe," Levine's Working Paper Archive 321307000000000241, David K. Levine.
  4. Akgun, A.A. & Leeuwen, E.S. van & Nijkamp, P., 2011. "A systemic perspective on multi-stakeholder sustainable development strategies," Serie Research Memoranda 0009, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  5. Baycan, T. & Nijkamp, P., 2011. "A socio-economic impact analysis of cultural diversity," Serie Research Memoranda 0012, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  6. Richard Florida, 2002. "Bohemia and economic geography," Journal of Economic Geography, Oxford University Press, vol. 2(1), pages 55-71, January.
  7. Nathan, Max, 2007. "The Wrong Stuff? Creative Class Theory and Economic Performance in UK Cities," MPRA Paper 29486, University Library of Munich, Germany.
  8. Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: Does it Make Sense?," CESifo Working Paper Series 3078, CESifo Group Munich.
  9. Hicks, J. R., 1969. "A Theory of Economic History," OUP Catalogue, Oxford University Press, number 9780198811633, September.
  10. KruegerJR, Norris F. & Reilly, Michael D. & Carsrud, Alan L., 2000. "Competing models of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 411-432.
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