IDEAS home Printed from https://ideas.repec.org/a/kap/jculte/v23y1999i1p3-12.html
   My bibliography  Save this article

Cultural Capital

Author

Listed:
  • David Throsby

Abstract

Economists traditionally distinguish between three forms of capital: physical capital, human capital and natural capital. This paper proposes a fourth type of capital, cultural capital. An item of cultural capital is defined as an asset embodying cultural value. The paper considers usage of the term “cultural capital” in other discourses, notably sociology after Bourdieu, and contrasts these with the proposed usage in economics. The relationship between cultural and economic value, upon which the economic concept of cultural capital relies, is explored, and the possible implications of cultural capital for economic analysis discussed, including issues of growth, sustainability and investment appraisal. The paper concludes with some suggestions for further theoretical and empirical research. Copyright Kluwer Academic Publishers 1999

Suggested Citation

  • David Throsby, 1999. "Cultural Capital," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 23(1), pages 3-12, March.
    • Handle: RePEc:kap:jculte:v:23:y:1999:i:1:p:3-12
    DOI: 10.1023/A:1007543313370
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1007543313370
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1023/A:1007543313370?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Berkes, Fikret & Folke, Carl, 1992. "A systems perspective on the interrelations between natural, human-made and cultural capital," Ecological Economics, Elsevier, vol. 5(1), pages 1-8, March.
    2. Victor Ginsburgh & David Throsby, 2006. "Handbook of the economics of art and culture," ULB Institutional Repository 2013/1673, ULB -- Universite Libre de Bruxelles.
    3. Carlos Ulibarri, 2000. "Rational Philanthropy and Cultural Capital," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 24(2), pages 135-146, May.
    4. Casson Mark, 1993. "Cultural Determinants of Economic Performance," Journal of Comparative Economics, Elsevier, vol. 17(2), pages 418-442, June.
    5. Sao-Wen Cheng, 2005. "Cultural Goods Production, Cultural Capital Formation and the Provision of Cultural Services," Volkswirtschaftliche Diskussionsbeiträge 119-05, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    6. Rizzo, Ilde & Throsby, David, 2006. "Cultural Heritage: Economic Analysis and Public Policy," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 28, pages 983-1016, Elsevier.
    7. V.A. Ginsburgh & D. Throsby (ed.), 2006. "Handbook of the Economics of Art and Culture," Handbook of the Economics of Art and Culture, Elsevier, edition 1, volume 1, number 1, December.
    8. Hicks, John R, 1974. "Capital Controversies: Ancient and Modern," American Economic Review, American Economic Association, vol. 64(2), pages 307-316, May.
    9. Stephen A. Woodbury, 1993. "Culture and Human Capital: Theory and Evidence or Theory Versus Evidence?," Book chapters authored by Upjohn Institute researchers, in: William Darity Jr. (ed.),Labor Economics: Problems Analyzing Labor Markets, pages 239-267, W.E. Upjohn Institute for Employment Research.
    10. David Throsby, 2011. "Cultural Capital," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 20, Edward Elgar Publishing.
    11. Becker, Gary S., 1994. "Human Capital," University of Chicago Press Economics Books, University of Chicago Press, edition 3, number 9780226041209, September.
    12. Barry R. Chiswick, 1983. "The Earnings and Human Capital of American Jews," Journal of Human Resources, University of Wisconsin Press, vol. 18(3), pages 313-336.
    13. Gray, H. Peter, 1996. "Culture and Economic Performance: Policy as an Intervening Variable," Journal of Comparative Economics, Elsevier, vol. 23(3), pages 278-291, December.
    14. Solow, Robert, 1993. "An almost practical step toward sustainability," Resources Policy, Elsevier, vol. 19(3), pages 162-172, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yan Zhang, 2012. "Towards an Institutional Approach of Self-governance on Cultural Heritage," Chapters, in: Enrico Bertacchini & Giangiacomo Bravo & Massimo Marrelli & Walter Santagata (ed.), Cultural Commons, chapter 8, Edward Elgar Publishing.
    2. Bertacchini, Enrico & Dalle Nogare, Chiara, 2014. "Public provision vs. outsourcing of cultural services: Evidence from Italian cities," European Journal of Political Economy, Elsevier, vol. 35(C), pages 168-182.
    3. Tramonte, Lucia & Willms, J. Douglas, 2010. "Cultural capital and its effects on education outcomes," Economics of Education Review, Elsevier, vol. 29(2), pages 200-213, April.
    4. Victor Ginsburgh & Olivier Gergaud, 2013. "Measuring the effect of cultural events with special emphasis on music festivals," ULB Institutional Repository 2013/152437, ULB -- Universite Libre de Bruxelles.
    5. Alfred Dockery, 2010. "Culture and Wellbeing: The Case of Indigenous Australians," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 99(2), pages 315-332, November.
    6. Bruno S. Frey & Paolo Pamini, 2009. "World Heritage: Where Are We? An Empirical Analysis," CREMA Working Paper Series 2009-31, Center for Research in Economics, Management and the Arts (CREMA).
    7. Olivier Gergaud & Victor Ginsburgh, 2017. "Measuring the Economic Effects of Events Using Google Trends," ULB Institutional Repository 2013/277406, ULB -- Universite Libre de Bruxelles.
    8. Mihaela IACOB & Felicia ALEXANDRU & Meral KAGITCI & Georgiana Camelia CRETAN & Filip IORGULESCU, 2011. "Evaluation Of Cultural Heritage – From The Epistemological Precautions To Pragmatic Approaches," International Conference Modern Approaches in Organisational Management and Economy, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(1), pages 218-223, November.
    9. Enrico Bertacchini & Federico Revelli, 2021. "Kalòs kai agathòs? government quality and cultural heritage in the regions of Europe," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(2), pages 513-539, October.
    10. David Throsby, 2010. "Measuring the Economic and Cultural Values of Historic Heritage Places," Environmental Economics Research Hub Research Reports 1085, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    11. Christian Barrère, 2016. "Cultural heritages: From official to informal [Patrimoines culturels : des patrimoines officiels aux patrimoines informels]," Post-Print hal-02569029, HAL.
    12. Günther G. Schulze, 2011. "International Trade," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 33, Edward Elgar Publishing.
    13. Bruno S. Frey & Paolo Pamini, 2009. "Making World Heritage Truly Global: The Culture Certificate Scheme," CREMA Working Paper Series 2009-13, Center for Research in Economics, Management and the Arts (CREMA).
    14. Agnese Amato & Maria Andreoli & Massimo Rovai, 2021. "Adaptive Reuse of a Historic Building by Introducing New Functions: A Scenario Evaluation Based on Participatory MCA Applied to a Former Carthusian Monastery in Tuscany, Italy," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    15. Erwin Dekker, 2015. "Two approaches to study the value of art and culture, and the emergence of a third," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(4), pages 309-326, November.
    16. Judite Sanson De BEM & Nelci Maria Richter GIACOMINI, 2016. "The Effects Of The Cultural And Creative Sector On Employment And Wages: The Case Of Rio Grande Do Sul, Brazil, From 2000 To 2010," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 25(1), pages 137-142.
    17. Bruno S. Frey & Andre Briviba, 2023. "Two types of cultural economics," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 70(1), pages 1-9, March.
    18. Patrizia Riganti, 2022. "Embedding Effects in Contingent Valuation Applications to Cultural Capital: Does the Nature of the Goods Matter?," Sustainability, MDPI, vol. 14(9), pages 1-17, May.
    19. Maija Halonen-Aktawijuka & Evanjelos Parfilis, 2022. "Who Should Own the Past?," Bristol Economics Discussion Papers 22/758, School of Economics, University of Bristol, UK.
    20. Aytuğ SÖZÜER, 2018. "Ulusal Kültür ve Girişimcilik İlişkisinde Kurumların Rolü," Istanbul Management Journal, Istanbul University Business School, vol. 29(85), pages 59-72, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jculte:v:23:y:1999:i:1:p:3-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.