IDEAS home Printed from https://ideas.repec.org/p/cdp/texdis/td595.html
   My bibliography  Save this paper

Economic impacts of the vale-cultura (culture voucher): a computable general equilibrium model

Author

Listed:
  • Gustavo Fernandes Souza

    (Cedeplar-UFMG)

  • Ana Flávia Machado

    (Cedeplar-UFMG)

  • Edson Paulo Domingues

    (Cedeplar-UFMG)

Abstract

Restricted access to consumption of cultural goods and services is one of the major problems faced by this sector in Brazil. To address this issue, the federal government created the Vale-Cultura, a voucher in which individuals receive an income transfer to be used exclusively for purchasing cultural goods and services. The aim of this study is to analyze the impacts of the Vale-Cultura in the cultural sector and in the economy in general. The methodology applied is the Brazilian Recursive Dynamic General Equilibrium model (BRIDGE). Our simulations found that GDP growth is driven mainly by the increase in household consumption. There is a positive variation in welfare, assessed by the equivalent and compensating variations in income for beneficiaries of the vouchers. Finally, a positive growth is projected at the level of activity of cultural sectors and negative growth in others, showing a reallocation of productive factors.

Suggested Citation

  • Gustavo Fernandes Souza & Ana Flávia Machado & Edson Paulo Domingues, 2019. "Economic impacts of the vale-cultura (culture voucher): a computable general equilibrium model," Textos para Discussão Cedeplar-UFMG 595, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td595
    as

    Download full text from publisher

    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20595.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Towse,Ruth, 2010. "A Textbook of Cultural Economics," Cambridge Books, Cambridge University Press, number 9780521888721, June.
    2. Goodwin, Craufurd, 2006. "Art and Culture in the History of Economic Thought," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 2, pages 25-68, Elsevier.
    3. Markusen, Ann, 2007. "A Consumption Base Theory of Development: An Application to the Rural Cultural Economy," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 36(1), pages 1-15, April.
    4. van der Ploeg, Frederick, 2006. "The Making of Cultural Policy: A European Perspective," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 34, pages 1183-1221, Elsevier.
    5. Victor Ginsburgh & David Throsby, 2006. "Handbook of the economics of art and culture," ULB Institutional Repository 2013/1673, ULB -- Universite Libre de Bruxelles.
    6. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, January.
    7. Santagata, Walter, 2006. "Cultural Districts and Their Role in Developed and Developing Countries," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 31, pages 1101-1119, Elsevier.
    8. Markusen, Ann, 2007. "A Consumption Base Theory of Development: An Application to the Rural Cultural Economy," Agricultural and Resource Economics Review, Cambridge University Press, vol. 36(1), pages 9-23, April.
    9. Sibelle Diniz & Ana Machado, 2011. "Analysis of the consumption of artistic-cultural goods and services in Brazil," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 35(1), pages 1-18, February.
    10. Towse,Ruth, 2010. "A Textbook of Cultural Economics," Cambridge Books, Cambridge University Press, number 9780521717021, June.
    11. Bille, Trine & Schulze, Gunther G., 2006. "Culture in Urban and Regional Development," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 30, pages 1051-1099, Elsevier.
    12. Souza, Kênia Barreiro de & Cardoso, Débora Freire & Domingues, Edson Paulo, 2016. "Medidas Recentes de Desoneração Tributária no Brasil: Uma Análise de Equilíbrio Geral Computável," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 70(1), March.
    13. Peacock, Alan, 2006. "The Arts and Economic Policy," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 32, pages 1123-1140, Elsevier.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luiz Carlos Santana Ribeiro & Thiago Henrique Carneiro Rios Lopes & Amir Borges Ferreira Neto & Fernanda Rodrigues Santos, 2020. "Cultural employment growth in Brazilian municipalities," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(4), pages 605-624, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Christian Barrère & Quentin Bonnard & Véronique Noblot Chossat, 2012. "Food, gastronomy and cultural commons [Nourriture, gastronomie et communs culturels]," Post-Print hal-02628287, HAL.
    2. Victor Ginsburgh, 2016. "On Judging Art and Wine," Working Papers ECARES ECARES 2016-21, ULB -- Universite Libre de Bruxelles.
    3. Alexander Cuntz, 2018. "Creators' Income Situation in the Digital Age," WIPO Economic Research Working Papers 49, World Intellectual Property Organization - Economics and Statistics Division.
    4. Barile, Sergio & Montella, Massimo & Saviano, Marialuisa, 2012. "A service-based systems view of cultural heritage," jbm - Journal of Business Market Management, Free University Berlin, Marketing Department, vol. 5(2), pages 106-136.
    5. Karol Jan Borowiecki & Trilce Navarrete, 2018. "Fiscal and economic aspects of book consumption in the European Union," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(2), pages 309-339, May.
    6. Manfred J. Holler & Isidoro Mazza, 2013. "Cultural heritage: public decision-making and implementation," Chapters, in: Ilde Rizzo & Anna Mignosa (ed.), Handbook on the Economics of Cultural Heritage, chapter 2, pages i-i, Edward Elgar Publishing.
    7. Aleksandra Wiśniewska & Wiktor Budziński & Mikołaj Czajkowski, 2020. "An economic valuation of access to cultural institutions: museums, theatres, and cinemas," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(4), pages 563-587, December.
    8. Juan José Price Elton, 2016. "Racionalidad económica de la política cultural," Estudios Públicos, Centro de Estudios Públicos, vol. 0(144), pages 165-197.
    9. Aleksandra Wiśniewska & Wiktor Budziński & Mikołaj Czajkowski, 2018. "Publicly funded cultural institutions – a comparative economic valuation study," Working Papers 2018-22, Faculty of Economic Sciences, University of Warsaw.
    10. Aleksandra Wiśniewska & Mikołaj Czajkowski, 2015. "Utilizing the Discrete Choice Experiment Approach for Designing a Socially Efficient Cultural Policy: The case of municipal theaters in Warsaw," Working Papers 2015-36, Faculty of Economic Sciences, University of Warsaw.
    11. Erwin Dekker, 2015. "Two approaches to study the value of art and culture, and the emergence of a third," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(4), pages 309-326, November.
    12. Junlong Wu & Keshen Jiang & Chaoqing Yuan, 2019. "Determinants of demand for traditional Chinese opera," Empirical Economics, Springer, vol. 57(6), pages 2129-2148, December.
    13. José María Durán Medrano, 2019. "Contribución a una teoría del valor del arte sobre la base de los aportes de Marx a la teoría de la renta del suelo," Ensayos de Economía 18303, Universidad Nacional de Colombia Sede Medellín.
    14. Christian Barrère & Sophie Delabruyère, 2011. "Intellectual property rights on creativity and heritage: the case of the fashion industry [Droits de propriété intellectuelle, créativité et patrimoine : le cas de la mode]," Post-Print hal-02615221, HAL.
    15. Luis Antonio Palma M. & Luis Fernando Aguado Q., 2010. "Economía de la cultura. Una nueva área de especialización de la economía," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 12(22), pages 129-165, January-J.
    16. Roberto Cellini & Tiziana Cuccia, 2013. "Museum and monument attendance and tourism flow: a time series analysis approach," Applied Economics, Taylor & Francis Journals, vol. 45(24), pages 3473-3482, August.
    17. Antoine Grandclement & Guilhem Boulay, 2021. "From The Uneven De-Diversification Of Local Financial Resources To Planning Policies: The Residentialization Hypothesis," Post-Print halshs-03322259, HAL.
    18. Victor Fernandez-Blanco & Juan Prieto-Rodriguez & Javier Suarez-Pandiello, 2015. "A quantitative analysis of reading habits," ACEI Working Paper Series AWP-05-2015, Association for Cultural Economics International, revised May 2015.
    19. Janowska, Anna Anetta & Malik, Radosław, 2020. "Digitization in museums: Between a fashionable trend and market awareness," Studia z Polityki Publicznej / Public Policy Studies, Warsaw School of Economics, vol. 7(3), pages 1-15, October.
    20. Luigi Di Gaetano & Isidoro Mazza, 2017. "“Better an egg today than a hen tomorrow” on the implications of deaccess policies for donations to museums," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(3), pages 237-258, August.

    More about this item

    Keywords

    Culture; Vale-Cultura; CGE; Impacts; Consumption; Well-being; Sectoral Analysis.;
    All these keywords.

    JEL classification:

    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cdp:texdis:td595. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gustavo Britto (email available below). General contact details of provider: https://edirc.repec.org/data/pufmgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.