DOES MUSIC SOOTHE THE SOUL?

By Jonathan Daniel Gómez‐Zapata, Luis César Herrero‐Prieto, and Beatriz Rodríguez‐Prado

AP3218

Music is linked to human senses and emotions and is one of the most important manifestations of mankind’s creativity as well as being a factor that forges individual identity and realisation. Music also has implications in an area’s social, cultural and economic configuration, such that it helps to define collective and geographical cultural idiosyncrasy, and may also help to shape long-term economic development. Music can act as a powerful tool for progress and social change since it is particularly suited to dealing with risk factors amongst the young, such as helping to reduce crime levels, fostering peace amongst communities and improving individuals’ socioemotional health and quality of life. Continue reading “DOES MUSIC SOOTHE THE SOUL?”

EX-ANTE VS. EX-POST: A REASSESSMENT OF ECONOMIC IMPACT STUDIES IN ARTS AND CULTURE

By Andrej Srakar and Marilena Vecco

The estimation of the economic effects of cultural events is a topic that has stirred numerous debates in cultural economics. Although economic impact studies and contingent valuation have been the most frequently used methods, both suffer from numerous problems. In this article, we use ex-post econometric verification as a new and promising method in cultural economics in the estimation of the economic effects of cultural events and apply it to the estimation of the effects of the 2012 European Capital of Culture Maribor on tourism and employment.

Continue reading “EX-ANTE VS. EX-POST: A REASSESSMENT OF ECONOMIC IMPACT STUDIES IN ARTS AND CULTURE”

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