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The New Scenarios of Culture: Some Economic Challenges

Author

Listed:
  • Jesus Lechuga Montenegro

    (Departament of Economics, Universidad Autónoma Metropolitana, Azcapotzalco)

  • Marissa Reyes Godinez

    (Academy of Art and Cultural Heritage, Universidad Autónoma de la Ciudad de México)

Abstract

The perception of cultural production as an economic activity with its own identity, has led to the concept of Creative Industries, which in turn has led to considerations about its contribution to Gross Domestic Product (GDP). As a result we have an increasingly stronger connection between two fields (economics and culture), which were long believed completely different. Conventional Economics once regarded culture as an unproductive sector; but nowadays culture is conceived as the Fourth Pillar of Sustainable Development. However, the contribution of culture to GDP is not limited to matters only relating to artistic creation, and culture goes way beyond solely maximizing the profit rate, or economic performance, functioning as the nerve of idiosyncrasy. The aim of this paper is to explore how the culture token cameto Economic Science, and how this issue has been approached in Mexico.

Suggested Citation

  • Jesus Lechuga Montenegro & Marissa Reyes Godinez, 2017. "The New Scenarios of Culture: Some Economic Challenges," ACEI Working Paper Series AWP-03-2017, Association for Cultural Economics International, revised Mar 2017.
    • Handle: RePEc:cue:wpaper:awp-03-2017
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    References listed on IDEAS

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    1. Karol Borowiecki & Juan Prieto-Rodriguez, 2015. "Video games playing: A substitute for cultural consumptions?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(3), pages 239-258, August.
    2. Carolina Asuaga & Fanny Trylesinski & Gabriela Medeiros, 2013. "Satellite Culture Account for Uruguay: Visual and Plastic Arts Sector," ACEI Working Paper Series AWP-08-2013, Association for Cultural Economics International, revised Nov 2013.
    3. David Throsby, 2011. "Cultural Capital," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 20, Edward Elgar Publishing.
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    More about this item

    Keywords

    Cultural Economics; cultural goods; cultural values; sustainable development;
    All these keywords.

    JEL classification:

    • Z1 - Other Special Topics - - Cultural Economics
    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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