|
|
 |
| Titel |
European capitals of culture and life satisfaction |
| Auteur |
L. Steiner, B.S. Frey, S. Hotz |
| Plaats van uitgave |
Zurich |
| Uitgever |
University of Zurich |
| Jaar van uitgave |
2013
|
| Reeks |
Working paper series / University of Zurich. Department of Economics
;
117 |
| Annotatie |
45 p.
|
|
| Trefwoorden |
beoordeling, Culturele Hoofdstad, publiek, economie, onderzoeksrapporten (vorm), papers (vorm) |
 |
Samenvatting
This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has an impact on regional economic development or the life satisfaction of the local population. Concerning the economic impact, authors show that European Capitals are hosted in regions with above average GDP per capita, but do not causally affect the economic development in a significant way. Surprisingly, using difference-in-difference estimations, a negative effect on the well-being of the regional population is found during the event, which might result from dissatisfaction with the high levels of public expenditure, transport disruptions, general overcrowding or an increase in housing prices. |
|
|
|
|