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Cultural Action and Regional Economic Development: An Audit in the Cameroonian Context

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  • Marcel Dama dié

    (ESSEC, University of Douala, Cameroon)

Abstract

This article highlights the cultural action's usefulness on Cameroonian regions' economic development. The implementation of a spatial econometric model based on cultural corporate data from the GCC (2009) yields the following findings: -A 1% increase in innovation spending on cultural activities in a given region leads to an increase of 1.213% of the region's added value. -A 1% increase in innovation spending by its neighbors increases its added value by 0.782%. -A 1% increase in a region's economic activity level increases its added value by 1.952%. -The increase in subsidies of a unit decreases its added value by 0.330%. Theoretical implications are also presented as well as future research avenues.

Suggested Citation

  • Marcel Dama dié, 2020. "Cultural Action and Regional Economic Development: An Audit in the Cameroonian Context," Economics Bulletin, AccessEcon, vol. 40(1), pages 516-533.
    • Handle: RePEc:ebl:ecbull:eb-19-00871
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    More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Z1 - Other Special Topics - - Cultural Economics

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