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The Arts, New Growth Theory, and Economic Development

July 5, 2012 Comments off

The Arts, New Growth Theory, and Economic Development
Source: National Endowment for the Arts

New growth theory argues that, in advanced economies, economic growth stems less from the acquisition of additional capital and more from innovation and new ideas. On May 10, 2012, the Brookings Institution and the National Endowment for the Arts (NEA) hosted a symposium examining new growth theory as a tool for assessing the impact of art and culture on the U.S. economy, including the theory that cities play a major role in facilitating economic growth. The symposium featured papers jointly commissioned by the NEA Office of Research & Analysis and Michael Rushton, the co-editor of the Journal of Cultural Economics. The presentations were moderated by experts from Brookings, the U.S. Department of Housing and Urban Development, and the U.S. Department of Commerce.

Categories: art, business and economics, National Endowment for the Arts

NEA Chairman Rocco Landesman Announces New Study That Measures The Value Of The Performing Arts And Other Arts Sectors

May 9, 2011 Comments off

NEA Chairman Rocco Landesman Announces New Study That Measures The Value Of The Performing Arts And Other Arts Sectors
Source: National Endowment for the Arts

“The price of anything is the amount of life you exchange for it,” said American author Henry David Thoreau more than 150 years ago. Time and Money: Using Federal Data to Measure the Value of Performing Arts Activities is a new research note from the National Endowment for the Arts that looks at the value of the arts in three ways: time spent on arts activities; organizational revenue and expenses; and direct consumer spending. A particular focus on performing arts data provides consistency across these three measurements.

The note draws on the most recent data available from the U.S. Economic Census, the Bureau of Economic Analysis (BEA), and the Bureau of Labor Statistics (BLS), to arrive at monetary and non-monetary value measurements of the nation’s performing arts sector. Recent data show that performing arts organizations generated nearly $13.6 billion in revenues; Americans spent $14.5 billion on performing arts admissions, and on any given day, 1.5 million Americans attended arts performances, usually with family or friends.

+ Full Document (PDF)

Categories: arts and humanities, business and economics, National Endowment for the Arts

Webinar and Three New Reports — Survey of Public Participation in the Arts (SPPA)

March 1, 2011 Comments off

Webinar and Three New Reports — Survey of Public Participation in the Arts (SPPA)
Source: National Endowment for the Arts

On February 24, 2011, Sunil Iyengar, Director of the NEA’s Office of Research & Analysis, and the authors of three independent reports analyzing the data from the 2008 Survey of Public Participation in the Arts (SPPA), presented their findings and answered questions in a public webinar. The reports explore how factors such as arts education, age and generational characteristics, and personal creativity have affected arts participation patterns in the U.S.

PDFs of the PowerPoints of the three report presentations and Mr. Iyengar’s introduction are available for download. Video of the webinar segments includes the PowerPoint presentation and the question and answer period.

The reports:
+ Arts Education in America: What the Declines Mean for Arts Participation (PDF)
+ Age and Arts Participation: A Case against Demographic Destiny (PDF)
+ Beyond Attendance: A Multi-Modal Understanding of Arts Participation (PDF)

Categories: age and aging, art, education, National Endowment for the Arts, social and cultural issues
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