Luiz Gustavo Medeiros Barbosa, S. Rocha, Ique Lavatori Barbosa Guimarães
{"title":"The economic impact of Brazil’s cultural incentive policy","authors":"Luiz Gustavo Medeiros Barbosa, S. Rocha, Ique Lavatori Barbosa Guimarães","doi":"10.12712/rpca.v16i1.52479","DOIUrl":null,"url":null,"abstract":"This study seeks to measure the economic impact of Brazil’s Cultural Incentive Policy. This study uses the input-output matrix methodology for the incentives offered for projects in 2017, which is the most recent data available. A total of 1,258,740 records were extracted for this analysis. The following cultural sectors’ production chains were analyzed: scenic arts, visual arts, audiovisual arts, the humanities, music, and cultural heritage. As a result, a total economic impact of 198 million dollars was recorded for projects in 2017. The results indicate how this investment fosters cultural entrepreneurship and its supply chains.","PeriodicalId":344601,"journal":{"name":"Revista Pensamento Contemporâneo em Administração","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Revista Pensamento Contemporâneo em Administração","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.12712/rpca.v16i1.52479","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This study seeks to measure the economic impact of Brazil’s Cultural Incentive Policy. This study uses the input-output matrix methodology for the incentives offered for projects in 2017, which is the most recent data available. A total of 1,258,740 records were extracted for this analysis. The following cultural sectors’ production chains were analyzed: scenic arts, visual arts, audiovisual arts, the humanities, music, and cultural heritage. As a result, a total economic impact of 198 million dollars was recorded for projects in 2017. The results indicate how this investment fosters cultural entrepreneurship and its supply chains.