The Tale of the Cuts and Raises: Public Budgets for Culture in the European Countries During the Financial Crisis

• Andrej Srakar ^[1] ; Marilena Vecco ^[2] ; Ákos Tóth
  1. [1] University of Ljubljana

     University of Ljubljana

     Eslovenia

     
  2. [2] Université Bourgogne Franche-Comté

     Université Bourgogne Franche-Comté

     Arrondissement de Besançon, Francia

     
• Localización: Hacienda Pública Española / Review of Public Economics, ISSN 0210-1173, Nº 221, 2017 (Ejemplar dedicado a: Cultural Economics ), págs. 83-109
• Idioma: inglés
• DOI: 10.7866/hpe-rpe.17.2.4
• Enlaces
  • Texto completo (pdf)
• Resumen

  • The article examines to what extent the public financing of the cultural sector was different, compared to other economic sectors of the economy in crisis. We perform an econometric analysis on the Eurostat COFOG dataset for 29 European countries in years 1990-2014. The results show that cuts in the cultural sector were present at general, central and local levels, yet happened with different characteristics than for other sectors of the economy. Also, the dynamics of public budgets for culture during the crisis significantly differed across the analysed countries and cuts were not present on a uniform level.

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