Institutional Change and the Evolution of the World Leisure Industries
Ricardo C.S. Siu
2018-07
Source PublicationJournal of Economic Issues
ABS Journal Level2
ISSN0021-3624 1946-326X
Volume52Issue:2Pages:378-386
Abstract

I explore the changing institutions of leisure and their dynamic relationship with the evolution of the world leisure industries through an analytical framework that incorporates the theory of institutional change of Paul Dale Bush and related evidence worldwide. I find a ceremonial-instrumental dichotomy in terms of the forces that enter the different phases of institutional change and the receptivity of the markets. Since the mid-twentieth century, the world leisure industries have rapidly advanced because they are not only interactively promoted by an increasing number of mass leisure institutions, but also due to technological advancements and industrial innovations. Indeed, the development paths of these industries in different countries are influenced by institutional factors, such as public interests, culture, and education, and their interactions and changes over time. Given that the paths may not be so straightforward, my findings show that Bush’s related works provide a synthetic framework which deserves further examination in the economics of leisure.

KeywordAdvancements In Technology Industrial Innovation Institution Institutional Change Mass Leisure Leisure Industry Technological Innovation
DOI10.1080/00213624.2018.1469881
Indexed BySSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectEconomics
WOS IDWOS:000435012100007
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Citation statistics
Cited Times [WOS]:1   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionDEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Affiliationbusiness economics at the University of Macau (China)
First Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Ricardo C.S. Siu. Institutional Change and the Evolution of the World Leisure Industries[J]. Journal of Economic Issues,2018,52(2):378-386.
APA Ricardo C.S. Siu.(2018).Institutional Change and the Evolution of the World Leisure Industries.Journal of Economic Issues,52(2),378-386.
MLA Ricardo C.S. Siu."Institutional Change and the Evolution of the World Leisure Industries".Journal of Economic Issues 52.2(2018):378-386.
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