Econcult: Area of Research in Economics of Culture and Tourism

The purpose of this article is to present the various cultural impact studies that exist and are practiced at least in Latin America. Conceptualizing these methodologies leads to reflection about what this studies manage to determine it; likewise, understand its importance and the great importance they have had in the last 15 years in Latin American countries. These methodologies are characterized by focusing on two main capabilities of culture´s contribution to development, forming identity and generating economic growth. Finally, it adds some considerations around the application of these methodologies.Cultural sector, methodology, cultural economics, cultural impact, indicators model.