dc.creator | Aguado, Luis F | es |
dc.creator | Arbona, Alexei | es |
dc.creator | Palma Martos, Luis Antonio | es |
dc.creator | Heredia-Carroza, Jesús | es |
dc.date.accessioned | 2022-08-09T09:23:47Z | |
dc.date.available | 2022-08-09T09:23:47Z | |
dc.date.issued | 2021 | |
dc.identifier.citation | Aguado, L.F., Arbona, A., Palma Martos, L.A. y Heredia-Carroza, J. (2021). How to value a cultural festival? The case of Petronio Álvarez Pacific Music Festival in Colombia. Development Studies Research, 8 (1), 309-316. | |
dc.identifier.issn | 2166-5095 | es |
dc.identifier.uri | https://hdl.handle.net/11441/136070 | |
dc.description.abstract | The article identifies factors related to the local context that influence the valuation of a local,
traditional and internationally recognized music festival. Analyzing the case of Petronio Álvarez
Pacific Music Festival held in Cali (Colombia), a valuation equation of the festival is estimated
via an ordered probit model based upon microdata provided by a face-to-face survey (N =
1257). Results show that there are two key factors shaping the valuation of the festival: (i)
previous experience of attending the festival, (ii) perceptions and expectations individuals have
over the implications of the festival celebration (even if not participating), that is, the territory’s
externalities (the creation of income and employment for the city) and personal benefits
(cultural enrichment and enjoyment of a well-executed festival’s plan). Finally, our work
provides policymakers with an instrument that reduces uncertainty about the characteristics of
the festival, which can also be used as a managerial decision instrument based on empirical
evidence about individuals’ perceptions. | es |
dc.format | application/pdf | es |
dc.format.extent | 8 p. | es |
dc.language.iso | eng | es |
dc.publisher | Routledge | es |
dc.relation.ispartof | Development Studies Research, 8 (1), 309-316. | |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internacional | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
dc.subject | Music festivals | es |
dc.subject | Cultural value | es |
dc.subject | Valuation | es |
dc.subject | Ordered probit models | es |
dc.subject | Petronio Álvarez Pacific Music Festival | es |
dc.title | How to value a cultural festival? The case of Petronio Álvarez Pacific Music Festival in Colombia | es |
dc.type | info:eu-repo/semantics/article | es |
dcterms.identifier | https://ror.org/03yxnpp24 | |
dc.type.version | info:eu-repo/semantics/publishedVersion | es |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | es |
dc.contributor.affiliation | Universidad de Sevilla. Departamento de Economía e Historia Económica | es |
dc.relation.publisherversion | https://doi.org/10.1080/21665095.2021.1979417 | es |
dc.identifier.doi | 10.1080/21665095.2021.1979417 | es |
dc.journaltitle | Development Studies Research | es |
dc.publication.volumen | 8 | es |
dc.publication.issue | 1 | es |
dc.publication.initialPage | 309 | es |
dc.publication.endPage | 316 | es |