Quantifying and valuing the wellbeing impacts of culture and sport (2014)

This report is the second of two outputs from the analysis carried out by the researchers. This report presents the results of an analysis of the association between culture, sport and measures of subjective wellbeing. This paper therefore looks at the perceived benefits for the individual using wellbeing valuation. The first report (Quantifying the social impacts of sport and culture) presented an analysis of the association between culture and sport participation and a range of social outcomes. The first report therefore focused on cashable or financial benefits and savings of a range of social outcomes. Both are important aspects of the Green Book and policy evaluation. The aims of the analysis presented within this report were to:

• Identify the impacts of culture and sport engagement on individuals’ wellbeing. 
• Estimate monetary values for those wellbeing impacts using the Wellbeing Valuation approach.

Each report presents background to the consideration of social and wellbeing impacts along with the key findings.