TY  - JOUR 
TI  - The income elasticity of culture consumption in Cali
PB  - Revista de Economía Institucional
PY  - 2012
issn 0124-5996
AB  - This article analyzes the consumption of culture in Cali (Colombia), by estimating the income elasticity of cultural demand. The results correspond exclusively to a group of cultural goods and services, unlike previous contributions where calculations have been made for education and culture together. By using the Incomes and Expenditures Survey of 2010, we found that the elasticity of the cultural demand is close to unity (0.99), but different from one at 95% of statistical significance. For this reason, we cannot categorically assert that cultural goods and services are luxury goods.

KW  - Elasticidad ingreso
KW  - Demanda de cultura
KW  - Consumo cultural
KW  - Income elasticity
KW  - Economía
KW  - Economics
UR  - http://hdl.handle.net/10906/79125
ER  -