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Measuring economic value of cultural institutions: cultural sector efficiency in public policy
https://doi.org/10.32609/0042-8736-2016-6-116-130
Abstract
Today, many cultural institutions like museums, theaters or libraries, are considered as major economic agents who can have a profound economic impact. This paper reviews different approaches to analyze economic value and efficiency of cultural institutions in public policy; it also discusses the major arguments that explain the evolving roles of those institutions in society. The shortcomings of the evaluation approaches are also discussed.
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Review
For citations:
Bychkova O. Measuring economic value of cultural institutions: cultural sector efficiency in public policy. Voprosy Ekonomiki. 2016;(6):116-130. (In Russ.) https://doi.org/10.32609/0042-8736-2016-6-116-130
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