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On the performance of creative industries: Evidence from Mexican metropolitan areas
Author(s) -
Benita Francisco
Publication year - 2019
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/pirs.12403
Subject(s) - inefficiency , metropolitan area , investment (military) , creative industries , the arts , creative economy , public sector , economics , business , economic geography , creativity , political science , economy , geography , microeconomics , archaeology , politics , law
This paper evaluates the performance of creative industries in 56 Mexican metropolitan areas over the period 1998−2013. Derived from Florida's 3T theory, determinants of inefficiency are examined by focusing on metropolitan area‐related variables. The analysis yields several interesting findings. First, there is a marked heterogeneity in performance, especially within the arts creative sector. Second, there is relatively little robust evidence that inefficiency can be reduced by increments in public investment (technology), “creative students” (talent) or cultural opportunity (tolerance). Thereby the role of local governments developing and implementing differentiated policy strategies could contribute to increase the efficiency of the creative sector.