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Title: Exploring European Cultural Goods Trade: A Multidimensional Perspective
Authors: Koutsoupias, Nikos
Boutsiouki, Sofia
Type: Conference Paper
Subjects: FRASCATI::Social sciences
Keywords: Multidimensional Data Analysis
European Union
cultural goods
cultural industries
creative industries
Issue Date: 2018
Publisher: Εργαστήριο Διεθνών Σχέσεων και Ευρωπαϊκής Ολοκλήρωσης του Πανεπιστημίου Μακεδονίας
First Page: 121
Last Page: 135
Volume Title: Proceedings of the International Conference of International Business
Abstract: The increasing interest in culture and related industries has emerged as part of a new approach as regards national and regional development. Cultural and creative industries are considered to incorporate strong dynamics and potential for participatory and inclusive development. Therefore, the promotion of effective policies fostering the development and growth of the particular industries has social and economic benefits for broad groups of stakeholders. The trade of cultural goods is one of the dimensions of this debate. This paper demonstrates the use of Multidimensional Data Analysis methods in revealing latent groups of European countries trading cultural goods over a period of fourteen years (2002-2015). The methods of Multiple Correspondence Analysis (MCA) and Hierarchical Cluster Analysis (HC) are applied on a multivariate matrix that takes into account not only imports and exports of such goods, but in a supplementary way, basic economic and educational variables, in order to detect and explore relationships among them. Furthermore, cluster analysis on MCA results is used to identify all groups of country-years sharing similar characteristics.
Electronic ISBN: 978-618-5255-12-1
Electronic ISSN: 2241-5645
Other Identifiers: 10.5281/zenodo.1286354
Appears in Collections:Department of International and European Studies

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