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Open AccessArticle

Role of Creative Industries as a Regional Growth Factor

1
Department of Economics, Universidad Técnica Particular de Loja (UTPL), 11-01-608 Loja, Ecuador
2
Financial Economy and Accounting Department, Faculty of Finance, Business and Tourism, University of Extremadura, 10071 Caceres, Spain
3
Business Organisation and Marketing Department, Faculty of Business Administration and Tourism, University of Vigo, 32004 Ourense, Spain
4
Department of Business Studies, Universidad Técnica Particular de Loja (UTPL), 11-01-608 Loja, Ecuador
*
Author to whom correspondence should be addressed.
Sustainability 2018, 10(5), 1649; https://doi.org/10.3390/su10051649
Received: 5 May 2018 / Revised: 13 May 2018 / Accepted: 16 May 2018 / Published: 20 May 2018
The purpose of this study is to evaluate the impact of employment in creative industries on the regional and national economic growth of Ecuador. The methodology used is a panel econometric model in which the temporary and structural dimensions considered to meet the proposed objective are addressed. The inputs of a basic production function were considered and the influence of creative employment was estimated as a proxy indicator of the work factor and of tax collections as a proxy of the capital factor on regional production for the years 2009 and 2014. Noteworthy is that in the main findings of this research, the analysis of the correspondence of the variables used and the growth show a significant influence of creative employment on regional production and development. The concentration and heterogeneity of employment indicators in the territory is also significant, with the most favoured regions being the same ones whose participation in national production is significant, where the three most important urban axes of the country are also found, which are the leading territories regarding these indicators. Special situations are shown for the rest of the provinces. View Full-Text
Keywords: creative industries; employment; regional growth; Ecuador creative industries; employment; regional growth; Ecuador
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MDPI and ACS Style

Correa-Quezada, R.; Álvarez-García, J.; Del Río-Rama, M.D.l.C.; Maldonado-Erazo, C.P. Role of Creative Industries as a Regional Growth Factor. Sustainability 2018, 10, 1649.

AMA Style

Correa-Quezada R, Álvarez-García J, Del Río-Rama MDlC, Maldonado-Erazo CP. Role of Creative Industries as a Regional Growth Factor. Sustainability. 2018; 10(5):1649.

Chicago/Turabian Style

Correa-Quezada, Ronny; Álvarez-García, José; Del Río-Rama, María D.l.C.; Maldonado-Erazo, Claudia P. 2018. "Role of Creative Industries as a Regional Growth Factor" Sustainability 10, no. 5: 1649.

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