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The Value of Arts and Culture

The Value of Arts and Culture

Introduction

Measuring the economic and social value of the arts and cultural sector to local and national economies is critical. The experiences of arts and culture connects with health and well-being, happiness, identity and sense of place.
Over the last five years, Creative PEC research has demonstrated the diverse and multifaceted value of arts and culture. The research in this theme has two focuses: measuring and articulating the value of arts and culture using the economic techniques, understanding the impact of emerging technologies on how interactions with culture are experienced, felt and valued.

Publications and Posts

Research Reports
East London Youth Dance Company - dancers performing on stage

Impact Investing in the Cultural and Creative Sectors: Insights from an emerging field

This report identifies a burgeoning movement of investing for impact in the cultural and creative se…

library book shelves curving round a mezzanine floor

Exploring societal challenges through library data

From film credits to library catalogues, the creative industries are constantly, passively generatin…

abstract illustration of Preston city

Supporting the Creative Industries: The impact of the ‘Preston Model’ in Lancashire

The economic geography of the UK is highly uneven, with many of the largest clusters concentrating i…

Baltic Art Gallery courtesy of Lorna Simpson

Measuring the economic value of cultural and heritage sites

A major contribution of new guidance, evidence and research on the economic value of culture and her…

actors on stage behind a red theatre curtain

Charities speak

Using data science to understand the arts and cultural charities sector in England and Wales Chariti…

Discussion Papers

Side of building with artwork of man and a robin

Creative Destruction? Creative firms, workers and residential gentrification

A new study by Tasos Kitsos, Max Nathan, and Diana Gutierrez-Posada finds only a minor influence of …

Monkey sign on lamp post

Crypto art and questions of value

Crypto Art is a novel, emerging creative form that is entirely digital, and native to the internet. …

Music concert

Live music ecologies in the UK: A local perspective in the context of the pandemic

In 2019, the UK’s live music sector was valued at over £1.3 billion. After almost a decade of strong…

Woman relaxing watching her laptop. With a cat

Culture in quarantine? Cultural institutions’ uses of Twitter during lockdown

Cultural institutions, such as museums and galleries, are important for local communities. They are …

image of Liverpool street during European capital of culture event

The European Capital of Culture: A review of the academic evidence

A literature review & policy implications of the impact of the Capital of Culture on local economies

Front of a shop

Do creative industries generate multiplier effects? Evidence from UK cities 1997-2018

A paper examing the long-term impacts of the creative industries on surrounding urban economies

Press Releases
city centre shopping street scene

Press release: With coordinated action North of England based creative industries could add £10bn to the UK economy

Today, the Royal Society for Arts, Manufactures and Commerce (RSA) and the Creative Industries Polic…

person working at sewing machine

Press release: Landmark report on the Creative Industries and Climate Emergency heralded as a ‘call to action’

A sector by sector overview of activity taking place in the creative industries to achieve Net Zero …

art gallery with people looking at large art work on wall

COVID-19: Impacts on the cultural industries and the implications for policy

We’re collaborating with the Centre for Cultural Value on a 15-month research project We&#8217…

Blog
Westminster - Mark Stuckey the-big-ben-clock-tower-towering-over-the-city-of-london-alKge0T39-8

What does the 2025 Spending Review mean for the creative industries?

A read out from Creative PEC Bernard Hay and Emily Hopkins On Wednesday 11th June the UK Government …

Abstract art - Art UK

Measuring the economic value of digital culture

What are consumers are willing to pay for digital streaming services, and how do we measure it?

image of cinema

The economic value of cinema venues to their communities

In a tough economic climate for cinemas and where there is limited public funding, it is important t…

crowd outside with confetti dropping from sky

A new deal for arts funding in England?

When thinking about why we publicly fund the arts, we can point to their multifaceted benefits. Not …

image of bit coins

Can you own a pixel?

This blog is based on the discussion paper Crypto Art and Questions of Value, a guide for anyon…

map of Cambodia on glass wall with person in face mask viewing it

Art, climate science and policy

Can art play a role in the intersection of climate science and policy? I have been researching …

abstract art

A little greyer and a bit more rectangular?

Using online museum collections to study the design of everyday objects A little greyer? We tracked …

image of nightclub crowd watching band

Arts and culture: The need for a ‘live’ support system

The arts and cultural sector breathed a collective sigh of relief on Sunday evening (5th July) as th…

map of Birmingham

A live music map for Birmingham in times of COVID-19

Recent research from UK Music has highlighted the economic contribution that music tourism has …

carpenter carving wood

Counting craft

So I never thought I’d become a SIC and SOC code nerd. Neither an economist, nor a statistician, I’m…

Image of school girl in library looking at laptop - courtesy of Annie Spratt

Home is where the art is

Why the government, funders and creative industries should come together to support cultural consump…

people in dance glass

The impact of COVID-19 on arts and cultural charities

With many arts and cultural charities having to restrict activities as a result of COVID-19, it is m…

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