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Each year tourists flock to communities that promise a connection ... a mythologized place.... [T]he draw ... isn't just history, it's an industry. (1) But maybe it's better to be [...]

Introduction This study seeks to provide a deeper understanding of motivation for ethical consumerism and to determine whether it is influenced by cultural differences. Based on surveys conducted in Austria [...]

There are many studies on the relationship between economic development and institutions. Institutions can be classified as formal or informal. This article emphasizes the importance of the relationship between culture [...]

A framework relating cultural descriptive norms to entrepreneurship is tested in a sample of 40 nations. The relationship of socially supportive culture and performance-based culture to entrepreneurship rates and supply- and demand-side variables is examined.

Byline: J. D. Snowball (1), M. Jamal (1), K. G. Willis (2) Keywords: Arts; Culture consumption; Omnivore; Social tolerance Abstract: Contrary to Bourdieu's theory (Distinction: A social critique of the judgment of taste. Cambridge, Massachusetts: Harvard University Press (1984)) that cultural consumption of so-called 'high' versus popular culture is determined by socio-economic class, Peterson (Poetics 21:243--258, 1992 Poetics 33:257--282, 2005) finds that higher income and education groups are more likely to be 'cultural omnivores'--consumers of a wide variety of both high and popular cultural goods. Omnivores were also found to be much less likely to exclude other cultures and to be more open to, and tolerant of, the views of others than those with narrower cultural tastes, called 'cultural univores'. This article investigates the omnivore/univore hypothesis in a South African context, using survey data collected from 500 attendees of live theatre performances at the National Arts Festival in 2008. Multiple correspondence analysis (also called perceptual mapping) shows an interesting intermediate state between Boudieu-like high culture univores and Peterson omnivores, which could have interesting implications for the development of social tolerance in multi-cultural South Africa. Author Affiliation: (1) Rhodes University, Grahamstown, South Africa (2) Centre for Research in Environmental Appraisal and Management, School of Architecture, Planning and Landscape, Newcastle University, Newcastle, UK Article History: Registration Date: 20/08/2009 Received Date: 14/05/2009 Accepted Date: 19/08/2009 Online Date: 17/09/2009

Developing cultural economists' concerns with the assembly of agency in financial markets, agency in sub-prime mortgage lending in the United States is shown to have been made up through calculative devices of risk. Credit reporting and scoring provided for the targeting, sorting, pricing and governing of customers in terms of risk. The securitization of mortgages into risk-structured financial instruments made possible extended lending. Interest-only adjustable rate mortgage products called up mortgagors who, as leveraged investors, embraced risk in a rising property market. The current sub-prime mortgage crisis is understood in critical terms as a moment when the contradictions of these risk devices and their incapacity to capture the uncertain future have come to the surface, and agency in sub-prime lending has been disassembled. Cultural economy is thus shown to make a distinctive contribution to the politicization of sub-prime that stresses the ambiguous politics of calculation. Keywords: sub-prime mortgages; cultural economy; agency; risk-based pricing; securitization; adjustable rate mortgages.

The influence of national culture on the relationship between market orientation and certain managerial antecedents is investigated. It is found that national culture has a bearing on the influence of antecedents in some cases while culture-independent relationships emerge in other situations. Findings are based on samples from Germany, Thailand, and Indonesia.

The influence of investor protection and national culture on earnings management in 30 countries is studied. Earnings management is negatively associated with outside investor rights, is relatively high in countries with high uncertainty avoidance and relatively low in countries with English as the primary language.

At the center of current discussions of the geography of cultural production in North America lies a conundrum: There appears to be a discrepancy between the often-solitary activity of creating [...]

The authors put forth the idea that explains how cooperative behaviors are formed and how they might change over time. For this study, Africans were studied to develop this economic theory.

Byline: Dick Stanley (1), Judy Rogers (2), Sandra Smeltzer (1), Luc Perron (1) Keywords: economic benefits of culture; visitor expenditures; tourism Abstract: Special art exhibits, sometimes known as``blockbusters'', are often thought of as tourism andbusiness generators. This belief is fostered byeconomic impact studies that bravely estimate thetotal gross domestic product or total jobs ``created''by such exhibits. Unfortunately, the enthusiasm of theexhibit promoters often leads them to the uncritical useof methodologies that exaggerate the size of theexhibit's contribution to the local economy. Fortunately, such methodologies are well understoodand corrective measures are available to make theestimates they produce more realistic and useful foradvocacy purposes. This paper presents a comparisonof two studies done in Canada to provide arts managerswith a gauge for realistically forecasting thepotential impact of planned ``blockbusters''.Several Canadian art galleries have recently hostedspecial art exhibits, notably the Renoir Portraits atthe National Gallery of Canada and the BarnesExhibition at the Art Gallery of Ontario. They havesurveyed the visitors to them using a correctivemethodology that enables researchers to determinewhich visitors came to the region only because of theexistence of the exhibit and which would have come tothe region and spent money whether the exhibit existedor not. These data enables researchers to estimatequite accurately the amount of visitor spending thatis actually due to the exhibit. This lower, but morecredible, estimate is very useful in helping promotersobtain exhibit sponsorship from local tourismbusinesses who have become skeptical of theexaggerated claims of economic impact estimates basedon standard survey approaches. Author Affiliation: (1) Department of Canadian Heritage, Strategic Research and Analysis (SRA), Strategic Planning and Policy Coordination, 25 Eddy Street, 12th Floor, Hull, Quebec, Canada, K1A 0M5 (2) Research Resolutions, Toronto, Canada Article History: Registration Date: 05/10/2004

Byline: Martin Shubik (1) Keywords: culture; cultural goods; commerce; national purpose Abstract: The cost aspects of supplying cultural goods and services have raised many basic questions concerning the economic activity of cultural institutions. There is more or less a consensus that the same criteria that apply to the cost aspects of any business also apply to cultural institutions. The nature of the products supplied and the stress on revenues earned are different. A key question to be asked by each society is how to balance the product mix offered by its cultural institutions taking into consideration both the societal valuation of the public goods provided and the earning potential of the institution. This essay examines some of the questions that occur at this intersection of culture and commerce. Author Affiliation: (1) Department of Economics, Yale University, New Haven, Connecticut, U.S.A Article History: Registration Date: 29/09/2004

Byline: David Throsby (1) Keywords: cultural capital; cultural economics; economic growth; natural capital; sustainability Abstract: Economists traditionally distinguish between three forms of capital: physical capital, human capital and natural capital. This paper proposes a fourth type of capital, cultural capital. An item of cultural capital is defined as an asset embodying cultural value. The paper considers usage of the term 'cultural capital' in other discourses, notably sociology after Bourdieu, and contrasts these with the proposed usage in economics. The relationship between cultural and economic value, upon which the economic concept of cultural capital relies, is explored, and the possible implications of cultural capital for economic analysis discussed, including issues of growth, sustainability and investment appraisal. The paper concludes with some suggestions for further theoretical and empirical research. Author Affiliation: (1) Department of Economics, Macquarie University, Sydney, NSW, 2109, Australia Article History: Registration Date: 29/09/2004

The article is the introduction to Chen Yi'nan's book 'Qingchun wuhen - yige gongren de shinian wenge' which was published by the Hong Kong Chinese University Press. The article analyzes the reasons for the end of the Cultural Revolution.

Impact of national culture on buyer-seller relations and purchasing activities, in industrial markets of United States and Latin America, is analyzed.

The urban renaissance in Liverpool, particularly the ways in which cultures and counter cultures were created around the changing social and economic infrastructure is discussed. The changes that occurred in Liverpool were attributes of wider debates about the relationship between commerce and culture.

Alongside such items as Nighty Nite Frog Pillows, sweaters in mallard, buttercream, or cobblestone, and Power Rangers Remote Control Megazords, imitation Hopi tithu (katsina [plural katsinam] dolls or figurines, singular [...]

American culture is accused of swamping world markets and stifling other cultural products. The evidence instead shows that cross-cultural trade provides a varied menu of choice. The larger the global [...]

Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture is measured by indicators of individual values and beliefs, such as [...]