Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/290078 
Authors: 
Year of Publication: 
2022
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-1263
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract: 
Does the growth of creative industries within a city yield both agglomeration effects (Marshallian externalities) as well as spillovers to the rest of the economy (Jacobian externalities, related to the novel combinations that can occur in cities with diversifted economic activities)? Most of the quantitative literature on creative industries investigates one or the other of these effects. Exploring both under a common framework, I ftnd signiftcant evidence of Marshallian but not of Jacobian effects. This calls for caution in the elaboration of policies meant to encourage the growth of the creative sector. The degree of specialisation in creative sectors is associated with higher sales and a higher number of ftrms in those sectors, albeit at a decreasing rate. A similar relationship is found for specialisation in creative occupations and the incomes of those workers. Though there is no evidence of spillovers from creative industries in general to the rest of the economy, analyses at a more disaggregated level could produce different results and useful insights for policy.
Subjects: 
Creative industries
creative economy
Marshallian externalities
agglomeration effects
Jacobian externalities
JEL: 
R12
Z19
R58
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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