Tuesday, January 05, 2010

Kudos on Cultural Industries Analysis

Kudos to the NC Departure of Cultural Resources for teaming with the Department of Commerce and its Policy Research & Strategic Planning Division and adopting very credible techniques for measuring the economic impact of what the report terms the “creative” industries (note the plural which is another kudo.)

For far too many years, enthusiasts and advocacy organizations around the nation have deployed impressive but flawed techniques to document the impact of culture and the arts that weren’t defensible.

But this report uses ImPlan methodology, an input-output analysis with factors specific to this state including various economic codes to generate not just the typical “gross” spending but the actual net “value added” to the state’s economy.

No comments: