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• W148784511 abstract "Nobody would ever object the fact that culture provides a fundamental contribution to the economic development of territories and communities; however it is difficult to understand how cultural events and institutions can produce impacts on them and moreover it is difficult to quantify the final impact. Because of the increasing number of cultural projects and of the constant reduction of resources to invest in arts (lato sensu), the measure of impacts of cultural initiatives is becoming an issue and a way to judge their success; in this scenario, the economic impact analysis are more and more used and abused. This paper aim at reconsider the use of economic impact analysis as instrument for the evaluation of cultural projects and at elaborate some initial hypothesis about the possibility to integrate this tool with others, able to design a more complete frame of the cultural experiences. In particular this paper refers to the case of MITO, a music festival launched in 2007 and based in Milan. Since the first edition the festival had been observed to evaluate its capability to produce positive effects in terms cultural, social and economic changes. A relevant number of data concerning the audience and the cultural behaviour of the people attending the events had been collected. During the third edition the analysis focused mainly on the economic effects generated by the event on the city of Milan. The case of MITO and the result of the analysis had been compared with a panel of other national and international case studies. Data had been used for an evaluation of the event itself, while the benchmark had been used for a critical assessment about the utility of this instrument and for the elaboration of different criteria of investigation of the value of cultural projects." @default.
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• W148784511 date "2010-01-01" @default.
• W148784511 modified "2023-09-25" @default.
• W148784511 title "The Economic Value of Cultural Projects: An Evaluation Beyond Measurements" @default.
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• W148784511 doi "https://doi.org/10.2139/ssrn.1692026" @default.
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