Economic Linkages and Comparative Advantage of the UK Creative Sector
University of Hertfordshire Business School Working Paper No. UHBS 2007:2
31 Pages Posted: 5 Dec 2008 Last revised: 12 Sep 2012
Date Written: February 1, 2007
This paper adopts the industrial capabilities argument and the concept of revealed comparative advantage as the basis for evaluating the competitiveness of the UK creative industries in sustaining export growth. The empirical results have revealed a heterogeneous nature of the economic linkages and comparative advantage positions within the UK creative sector. There is also evidence to support the industrial capabilities argument that the dynamic inter-play within the domestic economy matters for the external competitiveness of industries, particularly for the creative sector. A further finding is that industries with strong backward linkages tend to be positively related, whilst sectors with strong forward linkages negatively related, to their within-country cross-sector comparative advantages.
Keywords: creative industries, economic linkages, comparative advantage, competitiveness, industrial policy, UK
JEL Classification: R15, L52, L82, F14, D57, Z1, O52, O21, L80, L83, L84, L86, L89, C67
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