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International Determinants of Cultural Consumption from a Well-Being Perspective

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Global Business Value Innovations

Part of the book series: International Marketing and Management Research ((INMAMAR))

Abstract

The objective of this chapter is to analyze both conceptually and empirically certain dimensions of the potential interrelation between cultural and happiness economics. The chapter focuses on a specific aspect of leisure, namely cultural consumption , in relation to a broad spectrum of well-being and other economic determinants. An econometric study of international cultural consumption focuses on determinants of international trade in cultural goods and services for OECD countries between 1992 and 2004, along with possible links to measures of well-being. Behavioral demand factors, including experience, education and subjective well-being, are compared to supply-side determinants, as forces driving cultural consumption and trade. In addition, higher cultural consumption propensities are shown to be positively related to national indicators of well-being.

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Notes

  1. 1.

    UN. (2002). UN manual on statistics of international trade in services. Geneva, Luxembourg, New York, Paris, and Washington, DC: UN.

  2. 2.

    UNESCO. (2005). Institute for Statistics. International Flows of Selected Goods and Services, 1994–2003. Montreal: UNESCO.

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Owen, C.R. (2018). International Determinants of Cultural Consumption from a Well-Being Perspective. In: Arora, A., Bacouel-Jentjens, S., Edmonds, J. (eds) Global Business Value Innovations. International Marketing and Management Research. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-319-77929-4_8

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