The economic impact of Brazil’s cultural incentive policy

Luiz Gustavo Medeiros Barbosa · Saulo Barroso Rocha · I. L. Guimarães

3 citations0/0 files storedRevista Pensamento Contemporâneo em Administração

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Cultural Industries and Urban Development Economic and Fiscal Studies Arts, Culture, and Music Studies

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.

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References

1936Quantitative Input and Output Relations in the Economic Systems of the United States 2002A handbook for value chain research 2015Progress and prospects for event tourism research 1967Input-Output Economics 1952The Structure of the American Economy, 1919-1939 1963Multiregional Input-Output Analysis 1968Performing Arts: The Economic Dilemma.1956Factor Proportions and the Structure of American Trade: Further Theoretical and Empirical Analysis

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