Creative economy impacts on economic growth in Asia

Research output: Contribution to journalArticlepeer-review

Abstract

The purpose of this study is to explore the impacts of creative economy on economic growth in Asia. The panel data for the period of 2003-2012 for 29 countries in Asia was analyzed according to creative economy data available. A regression model was developed and tested with a fixed-effect model. The results show that creative economy positively influences economic growth in Asia. As a whole, Asia is net exporter of creative goods, creative services, royalties and license fees, and also computer and information services.

Original languageEnglish
Pages (from-to)61-67
Number of pages7
JournalActual Problems of Economics
Volume185
Issue number11
Publication statusPublished - 1 Jan 2016

Keywords

  • Asia
  • Creative economy
  • Economic growth
  • License fee
  • Royalty

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