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Marcel Dama dié
''Cultural Action and Regional Economic Development: An Audit in the Cameroonian Context''
( 2020, Vol. 40 No.1 )
This article highlights the cultural action's usefulness on Cameroonian regions' economic development. The implementation of a spatial econometric model based on cultural corporate data from the GCC (2009) yields the following findings: -A 1% increase in innovation spending on cultural activities in a given region leads to an increase of 1.213% of the region's added value. -A 1% increase in innovation spending by its neighbors increases its added value by 0.782%. -A 1% increase in a region's economic activity level increases its added value by 1.952%. -The increase in subsidies of a unit decreases its added value by 0.330%. Theoretical implications are also presented as well as future research avenues.
JEL: O1 - Economic Development: General
Z1 - Cultural Economics; Economic Sociology; Economic Anthropology: General
Manuscript Received : Oct 02 2019 Manuscript Accepted : Feb 15 2020

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