The New Scenarios of Culture: Some Economic Challenges

Jesus Lechuga Montenegro and Marissa Reyes Godínez ()
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Jesus Lechuga Montenegro: Departament of Economics, Universidad Autónoma Metropolitana, Azcapotzalco
Marissa Reyes Godínez: Academy of Art and Cultural Heritage, Universidad Autónoma de la Ciudad de México

No AWP-03-2017, ACEI Working Paper Series from Association for Cultural Economics International

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.

Keywords: Cultural Economics; cultural goods; cultural values; sustainable development (search for similar items in EconPapers)
JEL-codes: Z1 Z10 Z13 Z19 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2017-03, Revised 2017-03
New Economics Papers: this item is included in nep-cul and nep-evo
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