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Evaluating three decades of the European Capital of Culture programme: a difference-in-differences approach

Author

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  • Pedro Gomes

    (Universidad Carlos III de Madrid)

  • Alejandro Librero-Cano

    (King’s College London)

Abstract

We measure the regional impact of the European Capital of Culture programme using a difference-in-differences approach. We compare the regions of cities that hosted the event with the regions of cities that tried to host it but did not succeed. GDP per capita in hosting regions is 4.5 % higher compared to non-hosting regions during the event, and the effect persists more than 5 years after it. This result suggests that the economic dimension of the event is important and supports claims that the event serves as catalyst for urban regeneration and development.

Suggested Citation

  • Pedro Gomes & Alejandro Librero-Cano, 2018. "Evaluating three decades of the European Capital of Culture programme: a difference-in-differences approach," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(1), pages 57-73, February.
    • Handle: RePEc:kap:jculte:v:42:y:2018:i:1:d:10.1007_s10824-016-9281-x
    DOI: 10.1007/s10824-016-9281-x
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    References listed on IDEAS

    as
    1. Andrew K. Rose & Mark M. Spiegel, 2011. "The Olympic Effect," Economic Journal, Royal Economic Society, vol. 121(553), pages 652-677, June.
    2. Beatriz Garcia, 2005. "Deconstructing the City of Culture: The Long-term Cultural Legacies of Glasgow 1990," Urban Studies, Urban Studies Journal Limited, vol. 42(5-6), pages 841-868, May.
    3. Michael Greenstone & Richard Hornbeck & Enrico Moretti, 2010. "Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings," Journal of Political Economy, University of Chicago Press, vol. 118(3), pages 536-598, June.
    4. Seung‐Hyun Hong, 2013. "Measuring The Effect Of Napster On Recorded Music Sales: Difference‐In‐Differences Estimates Under Compositional Changes," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 28(2), pages 297-324, March.
    5. repec:cte:werepe:we1233 is not listed on IDEAS
    6. Lasse Steiner & Bruno Frey & Simone Hotz, 2015. "European Capitals of Culture and life satisfaction," Urban Studies, Urban Studies Journal Limited, vol. 52(2), pages 374-394, February.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. John Thompson & John Day, 2020. "Understanding the impact and value of temporary public art sculpture trails," Local Economy, London South Bank University, vol. 35(3), pages 186-208, May.
    2. Qiao Chen & Yan Mao, 2021. "Do City Honors Increase Tourism Economic Growth? A Quasi-Natural Experimental Research Study Based on “Civilized City” Selection in China," Sustainability, MDPI, vol. 13(22), pages 1-18, November.
    3. Miroslav D. Vujičić & Uglješa Stankov & Vanja Pavluković & Ivana Štajner-Papuga & Sanja Kovačić & Jovana Čikić & Nemanja Milenković & Tamara Zelenović Vasiljević, 2023. "Prepare for Impact! A Methodological Approach for Comprehensive Impact Evaluation of European Capital of Culture: The Case of Novi Sad 2022," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 165(2), pages 715-736, January.
    4. Anastasiya Matyushkina, 2023. "How Civil Society Organizations Drive Innovative Cultural Strategies in Shrinking Cities: A Comparative Case Study of Oberhausen, Germany and Riga, Latvia," Sustainability, MDPI, vol. 15(7), pages 1-19, April.
    5. Annie Tubadji, 2021. "Culture and mental health resilience in times of COVID-19," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(4), pages 1219-1259, October.
    6. Emanuela Macrì & Francesco Samà, 2022. "Matera, capitale Europea della Cultura 2019: effetti sul turismo e sull’economia locale," Regional Economy, , vol. 6(Q1), pages 33-40.
    7. Jingan Chen & Chengdong Yi & Yourong Wang & Tianyu Bi, 2022. "Do Honored Cities Achieve a Sustainable Development? A Quasi-Natural Experimental Study Based on “National Civilized City” Campaign in China," Sustainability, MDPI, vol. 14(24), pages 1-18, December.

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    More about this item

    Keywords

    European Capital of Culture; Difference-in-differences; Culture-led regeneration;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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