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Cultural policy and investment in China: Do they realize the government’s cultural objectives?

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  • Yi, Xin
  • Throsby, David
  • Gao, Shusheng
Abstract
Cultural policy in China has both economic and cultural objectives. In this paper we consider how these two objectives are linked through increases in cultural output. We use a computable general equilibrium (CGE) model of the Chinese economy to analyse the impact of cultural investment on the output of cultural goods and services between 2009 and 2015, and we carry forward the simulations to 2030. Our results show that this cultural policy instrument has had a positive impact on the output of cultural goods and services in a manner that also underpins the purely cultural objectives of government.

Suggested Citation

  • Yi, Xin & Throsby, David & Gao, Shusheng, 2021. "Cultural policy and investment in China: Do they realize the government’s cultural objectives?," Journal of Policy Modeling, Elsevier, vol. 43(2), pages 416-432.
    • Handle: RePEc:eee:jpolmo:v:43:y:2021:i:2:p:416-432
    DOI: 10.1016/j.jpolmod.2020.09.003
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    References listed on IDEAS

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    1. Throsby,David, 2010. "The Economics of Cultural Policy," Cambridge Books, Cambridge University Press, number 9780521868259, Enero-Abr.
    2. Yinhua Mai & Peter B. Dixon & Maureen Rimmer, 2010. "CHINAGEM: A Monash-Styled Dynamic CGE Model of China," Centre of Policy Studies/IMPACT Centre Working Papers g-201, Victoria University, Centre of Policy Studies/IMPACT Centre.
    3. Yan Li & Md. Main Uddin & Ye An, 2020. "Has financial development benefited the performance of publicly traded cultural and creative firms? Evidence from China," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(3), pages 351-395, September.
    4. Zhang, Kun & Xue, Mei-Mei & Feng, Kuishuang & Liang, Qiao-Mei, 2019. "The economic effects of carbon tax on China’s provinces," Journal of Policy Modeling, Elsevier, vol. 41(4), pages 784-802.
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    Cited by:

    1. Sang Do Park, 2022. "Policy Discourse Among the Chinese Public on Initiatives for Cultural and Creative Industries: Text Mining Analysis," SAGE Open, , vol. 12(1), pages 21582440221, March.
    2. Kang, Lili & Peng, Fei & Anwar, Sajid, 2022. "All that glitters is not gold: Do movie quality and contents influence box-office revenues in China?," Journal of Policy Modeling, Elsevier, vol. 44(2), pages 492-510.

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