Evidence-based cultural policies toward sustainable development: the case of Greece

Paraskevi Boufounou
This paper aims to assess the impact of cultural heritage on Greek economic development. An input-output model approach is used to estimate a set of multipliers that measure the direct, indirect and induced (broader) macroeconomic impact of income, output, value added and employment of cultural heritage on economic growth. The multipliers of product, gross value added, income and employment are calculated, based on which the importance of the cultural heritage sector for the Greek economy is ide