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The income elasticity of culture consumption in Cali

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Revista de Economía Institucional
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Este artículo analiza el consumo cultural en Cali, con base en el cálculo de la elasticidad ingreso de la demanda de bienes y servicios culturales, a diferencia de estudios anteriores que utilizan datos agregados de educación y cultura. Empleando la Encuesta de Ingresos y Gastos de 2006-2007, se encuentra que la elasticidad de la demanda en Cali es cercana a 1 (0,99), pero diferente de 1 a un nivel del 95%, de modo que no se puede afirmar categóricamente que los bienes y servicios culturales son de lujo.

Abstract

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.

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Elasticidad ingresoDemanda de culturaConsumo culturalEconomía

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Income elasticityEconomics

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Except where otherwised noted, this item's license is described as Atribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)