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| Marcel Dama dié |
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| ''Cultural Action and Regional Economic Development: An Audit in the Cameroonian Context'' |
| ( 2020, Vol. 40 No.1 ) |
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| 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. |
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| Keywords: |
JEL: O1 - Economic Development: General
Z1 - Cultural Economics; Economic Sociology; Economic Anthropology: General |
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| Manuscript Received : Oct 02 2019 | | Manuscript Accepted : Feb 15 2020 |
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