Date of Award
2024
Document Type
Thesis
Degree Name
Bachelors
Department
Social Sciences
First Advisor
Khemraj, Tarron
Area of Concentration
Economics and Public Policy
Abstract
An analysis of Sarasota's arts organizations reveals that Arts clustering is a critical factor in its urban economic and social advancement, offering a blueprint for economic development in similarly specialized regions. Sarasota is identified as demonstrating the specialist view of urban development, where its clustered arts organizations reap and produce network effects, enhancing both the city's cultural draw on tourists and its economic welfare. Additionally, previously published literature which aims to quantify Sarasota's arts exports is expanded upon. Sarasota's Arts cluster generates additional economic activity beyond what has been previously quantified, indicating the arts as a higher yielding asset than previously thought. These findings conclude with a call to reevaluate current public arts funding models, suggesting that the large output these organizations generate could be higher with government assistance.
Recommended Citation
Tepe, Darwin, "Network Effects and Economic Growth
The Role of Arts Clustering in Sarasota" (2024). Theses & ETDs. 6604.
https://digitalcommons.ncf.edu/theses_etds/6604