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• The role of the institutional system in the globalizing finance of culture

  131-148

  Akos Toth

  Views:

  87

  The article focuses on how the connection between the institutional system of a country and the role of the state changes in the financing of the cultural sphere. To examine the changes, the author analysis the financing model of the USA and the Russian Federation, countries which use very different methods and techniques for the financing of the cultural sphere. The author assumes in his hypothesis that in those countries which have an underdeveloped institutional system, the possibility of direct state support and control for the financing of the cultural sphere is much greater. The results of the analyses are tested on the cultural economy of the Netherlands where the cultural financing system exhibits characteristics of both the American and the Russian models at the same time.

  Journal of Economic Literature (JEL) classification: P14, P39, Z10, Z11

• Communitarisation in the cultural spheres of the member states of the European Union

  127-144

  Akos Toth

  Views:

  92

  The intstitutions of the European Union encourage the liberalisation of the cultural sector wirh the reduction of the coercive power of the member states. The article assumes that communitarisation in the cultural sphere exists although there is no EU Treaty (acquis) on cultural policy and the member states use different cultural financing models. The author first analyses the government and household expenditure for culture of the OECD countries, then compares the productivity and profitability indicators of the post socialist countries with the same indicators' EU 25 average.

  Journal of Economic Literature (JEL) codes: Z10, Z11

• The Comparative Analysis of the Cultural Financing Models of France and Hungary

  50-67

  Akos Toth

  Views:

  148

  Both France and Hungary use the so called coordinated cultural financing model, in which the active role of the state is decisive. However, instead of producing a similar model, the level of the cultural sector value added to GDP in the two countries is different. The article’s aim is to answer this puzzle. The focus is on the role of institutions and state subsidy. The analysis tries to understand whether direct state subsidy plays a decisive role in the economic performance of the cultural sector. The analysis also shows whether the harmony of formal and informal institutions have a positive effect on the economic growth of the cultural sector. The assumption is that the size of direct government subsidy cannot increase economic growth. If the formal and informal institutions are in harmony, and if there is a long-run cultural policy strategy in a country, the cultural sector value added to GDP is higher.

  Journal of Economic Literature (JEL) classifications: Z10, Z11