|Table of Contents|

Impact mechanism of the cultural industry on economic growth and countermeasures from the perspective of business environment(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2025年02期
Page:
105-124
Research Field:
国际经济与贸易
Publishing date:
2025-05-30

Info

Title:
Impact mechanism of the cultural industry on economic growth and countermeasures from the perspective of business environment
Author(s):
REN Li1;  JIANG Xiyao2
(1. School of Economics, Xiamen University, Xiamen 361005, Fujian, China; 2. School of Education, Renmin University of China, Beijing 100872, China)
Keywords:
cultural industry;  business environment;  industrial agglomeration;  market regulation;  cultural enterprise;  investment and financing condition
PACS:
F49; F062.9
DOI:
-
Abstract:
To explore the role of the development of the cultural industry in economic growth and the impact of the business environment in this process, this study conducts an empirical analysis using panel data from 31 provinces, municipalities, and autonomous regions in China from 2001 to 2020. A multiple regression model is constructed, and the robustness of the baseline regression results is tested through methods such as replacing core explanatory variables, substituting control variables, changing the time interval, and applying winsorization. The Hausman test is used to rule out endogeneity bias in the regression results. Additionally, heterogeneity analysis is employed to examine regional differences in the mechanism by which the cultural industry influences economic growth and the role of the business environment. The study finds that the development of the cultural industry significantly promotes economic growth in China: for every 1% increase in per capita expenditure on education, culture, and entertainment, regional per capita GDP increases by 0.066%. The business environment affects the process by which the cultural industry contributes to economic growth, yet a well-aligned synergy between the cultural industry and business environment has not yet been formed in China. The positive impact of the cultural industry on economic growth is more pronounced in the eastern region. The findings suggest that efforts should be made to increase investment in the cultural industry, enhance the efficiency of transforming culture into cultural capital, improve the business environment for cultural industries, promote their coordinated development, and stimulate the initiative of market entities such as cultural enterprises through rational allocation of cultural resources tailored to local conditions.

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Last Update: 2025-05-30