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Id 883
Author Hidalgo M.
Title Valuing the economic and social impact of the Carnival of Blacks and Whites of Pasto, Colombia Valoración del impacto económico y social del Carnaval de Negros y Blancos de Pasto, Colombia
Reference
Hidalgo M.; Valuing the economic and social impact of the Carnival of Blacks and Whites of Pasto, Colombia Valoración del impacto económico y social del Carnaval de Negros y Blancos de Pasto, Colombia ;Lecturas de Economia vol: issue: 90.0 page:195

Link to article https://www.scopus.com/inward/record.uri?eid=2-s2.0-85059271012&doi=10.17533%2fudea.le.n90a07&partnerID=40&md5=7adb9ccb3972da2b80693b2625ddd33b
Abstract The Carnival of Blacks and Whites held in the city of Pasto, Colombia, was inscribed by UNESCO on the Representative List of the Intangible Cultural Heritage of Humanity in 2009. The objective of this article is to evaluate the economic and social impact of this carnival using data from the 2017 version. To this end, some of the analytical tools of the economics of culture are used, such as the methods of input-output analysis, cost-benefit analysis, the contingent valuation method and matrices of qualitative assessment. Use of these analytical tools allow concluding that this carnival is profitable both economically and socially because it expands the local productive capacity, generates material wealth, creates new jobs and increases investment. © 2018 Universidad de Antioquia. All rights reserved.

Keywords Carnival of Blacks; Cost-benefit analysis; Cultural public goods; Economics of culture; Whites of Pasto




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