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Do behaviours in cultural markets affect economic resilience? An analysis of the Italian regions

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  • Cellini, Roberto
  • Cuccia, Tiziana

Abstract

The purpose of this paper is to investigate the relation between the economic resilience and cultural behaviour, resorting to the evidence provided by the 20 Italian regions at the time of the Great recession. We consider specific cultural behaviours, which provide a specific meaning of culture; its relation with the resilience ability of regions is analysed. We document that higher level of supplied and demanded quantity of cultural goods in a region associate with higher regional economic resilience as measured by the ability of limiting employment drop; the relation with the considered cultural behaviours is weaker in the case of economic resilience as measured by the ability of limiting income drop. We propose possible explanations for this asymmetry.

Suggested Citation

  • Cellini, Roberto & Cuccia, Tiziana, 2018. "Do behaviours in cultural markets affect economic resilience? An analysis of the Italian regions," MPRA Paper 83904, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:83904
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    Cited by:

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    2. Hennebry, B., 2020. "The economic resilience of Irish counties for subsequent recessions and the impact of population distribution on resilience," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 6(3), pages 146-153.
    3. Michele Costa & Flavio Delbono, 2021. "The Italian Geography of Regional Resilience: The Role of Cooperative Firms," Working Papers wp1166, Dipartimento Scienze Economiche, Universita' di Bologna.
    4. Iván Boal-San Miguel & Luis César Herrero-Prieto, 2020. "A Spatial–Temporal Analysis of Cultural and Creative Industries with Micro-Geographic Disaggregation," Sustainability, MDPI, vol. 12(16), pages 1-18, August.
    5. Blanka Škrabić Perić & Blanka Šimundić & Vinko Muštra & Marijana Vugdelija, 2021. "The Role of UNESCO Cultural Heritage and Cultural Sector in Tourism Development: The Case of EU Countries," Sustainability, MDPI, vol. 13(10), pages 1-14, May.
    6. Luiz Carlos Santana Ribeiro & Thiago Henrique Carneiro Rios Lopes & Amir Borges Ferreira Neto & Fernanda Rodrigues Santos, 2020. "Cultural employment growth in Brazilian municipalities," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(4), pages 605-624, December.
    7. Khlystova, Olena & Kalyuzhnova, Yelena & Belitski, Maksim, 2022. "The impact of the COVID-19 pandemic on the creative industries: A literature review and future research agenda," Journal of Business Research, Elsevier, vol. 139(C), pages 1192-1210.
    8. Juntao Tan & Xiaohui Hu & Fangdao Qiu & Hongbo Zhao, 2022. "Do Coastal Areas Experience More Recession during the Economic Crisis—Evidence from China," IJERPH, MDPI, vol. 19(18), pages 1-17, September.
    9. Nishi, Hiroshi, 2022. "Industrial sources and unevenness of regional employment resilience in Japan," MPRA Paper 113530, University Library of Munich, Germany.

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    More about this item

    Keywords

    Regions; Economic resilience; Great Recession; Cultural goods; Italy;
    All these keywords.

    JEL classification:

    • R39 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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