Symbiosis of Creativity and Sustainability: Modelling the Dynamic Relationship Between Sustainable Development and Cultural and Creative Industries in the EU Countries, Great Britain and Ukraine

- Plutalov, Serhii (orcid.org/0000-0001-9155-5324), Iastremska, Olena (orcid.org/0000-0002-5653-6301), Kulinich, Tetiana (orcid.org/0000-0003-0110-7080), Shofolova, Nataliia (orcid.org/0000-0002-6654-6765) and Zelenko, O. (orcid.org/0000-0002-8438-7585) (2024) Symbiosis of Creativity and Sustainability: Modelling the Dynamic Relationship Between Sustainable Development and Cultural and Creative Industries in the EU Countries, Great Britain and Ukraine Problems of Sustainable Development, 2 (19). pp. 166-185. ISSN 1895-6912

Text (Symbiosis of Creativity and Sustainability: Modelling the Dynamic Relationship Between Sustainable Development and Cultural and Creative Industries in the EU Countries, Great Britain and Ukraine) Symbiosis of Creativity and Sustainability Modelling the Dynamic Relationship Between Sustainable Development and Cultural and Creative Industries in the EU Countries, Great Britain and Ukraine.pdf Download (844kB)

Abstract

The study explores the complex dynamics of cultural and creative industries and their potential to contribute to the achievement of the Sustainable Development Goals (SDGs). The dual nature of these industries is reviewed, recognizing their potential to have a positive impact on sustainable development while addressing the risks they pose, including environmental threats and the potential for increased social inequality. The main goal of the study was to identify the determinants of asymmetric shocks that influenced the development of cultural and creative industries. To achieve the goal, we used an integrated modeling approach based on panel models with fixed and random effects, as well as a two-stage dynamic panel model. The results of the study made it possible to identify asymmetric shocks that influenced the development of cultural and creative industries, such as the consequences of the pandemic and the war in Ukraine, which led to the energy and migration crises, slower economic growth and increased inflation. The results obtained indicate that the influence of the selected factors on sustainable development is complex and depends on time dynamics.

Item Type:	Article
Keywords:	sustainable development, creative economy, creative industries, cultural industries, modelling of territory development, panel modelling
Subjects:	Science and knowledge. Organization. Computer science. Information. Documentation. Librarianship. Institutions. Publications > 3 Social Sciences > 304 Social questions. Social practice. Cultural practice. Way of life (Lebensweise)
Divisions:	Institute of Higher Education > Department Interaction between Universities and Society
Depositing User:	м.н.с Пільщіков Ілля
Date Deposited:	05 Aug 2024 10:11
Last Modified:	08 Aug 2024 09:44
URI:	https://lib.iitta.gov.ua/id/eprint/741982

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