Gomes, Pedro and Librero-Cano, A. (2018) Evaluating three decades of the European Capital of Culture programme: a difference-in-differences approach. Journal of Cultural Economics 42 (1), pp. 57-73. ISSN 0885-2545.
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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 percent 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.
Metadata
| Item Type: | Article |
|---|---|
| Additional Information: | The final publication is available at Springer via the link above. |
| Keyword(s) / Subject(s): | European Capital of Culture, Difference-in-differences |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Applied Macroeconomics, Birkbeck Centre for |
| Depositing User: | Pedro Gomes |
| Date Deposited: | 12 Oct 2017 09:31 |
| Last Modified: | 02 Aug 2023 17:36 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/20027 |
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