I introduce my PhD thesis work-in-progress. The project is founded in the basis of the economic impact in terms of production, GVA, and employment that culture brings to a region. Impactrimonio, a web-based tool that is being developed is introduced as well as part of the thesis.

1. economic impact of culture
Francisco Marco-Serrano

2. economic impact of culture
● PhD thesis: Work-in-progress
● Thanks to professional work with academic
teams from Spain
● Plus, funding received from the Spanish
Ministry of Culture

3. economic impact of culture
●PhD thesis: Three Case Studies about the
Economic Impact of Culture; and Impactrimonio,
a dedicated software package for its estimation.
→ Ceramics Museum
→ Energy Museum
→ Heritage restoration

4. economic impact of culture
● Since 1995, created and led
by Pau Rausell
● I have been collaborating in
different roles since 1998
More at: http://www.uv.es/econcult/pdf/dossier_econcult_english.pdf

5. economic impact of culture
W. LEONTIEF
INPUT-OUTPUT
MODEL
NOBEL PRIZE
1973
Image source:http://en.wikipedia.org/wiki/File:Leontief-Harvard.jpg

6. economic impact of culture
C+I+NX
IC + GVA

7. economic impact of culture
TOTAL DEMAND (q) = i + f
INTERMEDIATE DEMAND = A q
(i) (f)
TECHNICAL COEFFICIENTS MATRIX (A)

8. economic impact of culture
FROM THE LEONTIEF MATRIX
WE OBTAIN THE MULTIPLIERS
SO THEN, BEING ABLE TO
ASSESS TOTAL ECONOMIC
IMPACT FOR EVERY SECTOR
OR ACTIVITY

9. economic impact of culture

10. economic impact of culture

11. economic impact of culture
CONTINGENT VALUATION CAWI software
METHOD (CVM)
61K CITIZENS
29K HOUSEHOLDS
NOV 25K LANDLINES
2011
20K # AVAILABLE
TOO BAD!!!
1.5K PHONECALLS Simple Random Sample (SRS)
95% CONFIDENCE
121 VALID (8.2%) p=q=50%, e=8.9%
1.34 EUR (municipal rates increase) → 70K EUR

12. economic impact of culture

13. economic impact of culture