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

    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: School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Research Centres and Institutes: Applied Macroeconomics, Birkbeck Centre for
    Depositing User: Pedro Gomes
    Date Deposited: 12 Oct 2017 09:31
    Last Modified: 10 Jun 2021 08:57
    URI: https://eprints.bbk.ac.uk/id/eprint/20027

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