the economics of art and culture

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The Economics Of Art And Culture

Author : James Heilbrun
ISBN : 0521637120
Genre : Art
File Size : 55. 77 MB
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Systematic review of the economics of the arts and performing arts.

Handbook Of The Economics Of Art And Culture

Author : Victor A. Ginsburgh
ISBN : 9780080464756
Genre : Business & Economics
File Size : 48. 47 MB
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Over the last 30 or 40 years a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the nonprofit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies. *Presents an overview of the history of art markets *Addresses the value of art and consumer behavior toward acquiring art *Examines the effect of art on economies of developed and developing countries around the world

Handbook Of The Economics Of Art And Culture

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ISBN : 9780444537775
Genre : Business & Economics
File Size : 36. 59 MB
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This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area. Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts Offers a rigorous description that avoids common problems associated with art and culture scholarship Makes details about the economics of art and culture accessible to scholars in fields outside economics

Handbook Of The Economics Of Art And Culture

Author : Victor Ginsburgh
ISBN : 0444508708
Genre : Business & Economics
File Size : 78. 54 MB
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Over the last 30 or 40 years a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the nonprofit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies. *Presents an overview of the history of art markets *Addresses the value of art and consumer behavior toward acquiring art *Examines the effect of art on economies of developed and developing countries around the world

Arts Economics

Author : Bruno S. Frey
ISBN : 9783662042250
Genre : Business & Economics
File Size : 44. 14 MB
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Using the economic point of view for an analysis of phenomena related to artistic activities, Arts & Economics not only challenges widely held popular views, but also offers an alternative perspective to sociological or art historic approaches. The wide range of subjects presented are of current interest and relevant for cultural policy. The issues discussed include: institutions from festivals to "superstar" museums, different means of supporting the arts, whether artistic creativity is undermined by public intervention, an investigation into art as an investment, the various approaches to valuing our cultural properties, and why direct voter participation in cultural policy is not antagonistic to artistic values.

The Value Of Culture

Author : Arjo Klamer
ISBN : 9053562184
Genre : Business & Economics
File Size : 59. 53 MB
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Culture manifests itself in everything human, including the ordinary business of everyday life. Culture and art have their own value, but economic values are also constrained. Art sponsorships and subsidies suggest a value that exceeds market price. So what is the real value of culture? Unlike the usual focus on formal problems, which has 'de-cultured' and 'de-moralized' the practice of economics, this book brings together economists, philosophers, historians, political scientists and artists to try to sort out the value of culture. This is a book not only for economists and social scientists, but also for anybody actively involved in the world of the arts and culture.

Art Cultural Capital

Author : Kaitlin Leigh Serota
ISBN : OCLC:993878518
Genre :
File Size : 77. 98 MB
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Art investment, as a form of financial speculation, is rapidly on the rise. As a now conventional use of art, the escalating presence of art investment is undoubtedly influential, not only in how art functions in the art market, but also on art's role in broader culture. To fully analyze the repercussions of art's use as an investment tool, it is necessary to look at how it operates both economically and culturally. Utilizing theories from cultural economics and cultural studies, this paper explores the ways art is valuated - as art's value provides the foundation of art's operation in the market and establishes its meaning as a culturally historical object. As art has not always been used as a means of investment, it has clearly undergone a transformative process. Uncovering the history of this process will include considering the rise of conceptual art, the emergence of branding, and resulting commodification. The art market is the convergence of art's function as a culturally historical object and its use as a commodity. Examining the structure of the today's art market will provide insight into the ways the convergence of these two functions perform in the art market. This can be found in the ways in which art is valued as well as the use of art, which are both essential to the stability of the art market. All of this, in turn, leads to consideration of the stability of the art market and the pivotal importance of that stability to cultural capital in the overall economy. Ultimately, a concatenation of events is pieced together: The subjugation and eradication of autonomous art by commodified art, causing an irrepressible rise of art investment. As the demand for investable art with authentic price and symbolism outnumbers the supply, it causes the proliferation of art endowed with fantasy price and symbolism, disrupting the balance between authentic and fantasy price and symbolism in the art market. This imbalance causes instability and then collapse of the art market. As the art market occupies a substantial amount of stock in cultural capital, its collapse will detrimentally affect cultural capital's functionality and thus the operation of the overall economy. In conclusion, I find that art investment bridged the steadily dwindling gap between the arts and economics. And, since art investment is bridging the gap, both sides have become increasingly dependent on its status and widespread influence. Not only has the economy become culturalized but the art industry has become economized. Both developments bring each discipline a sizable step closer toward each other, resulting in an overlapping of interests and an increasingly reliance on each other for stability and success.

The Economics Of Cultural Policy

Author : David Throsby
ISBN : 9781107717701
Genre : Business & Economics
File Size : 39. 86 MB
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Cultural policy is changing. Traditionally, cultural policies have been concerned with providing financial support for the arts, for cultural heritage and for institutions such as museums and galleries. In recent years, around the world, interest has grown in the creative industries as a source of innovation and economic dynamism. This book argues that an understanding of the nature of both the economic and the cultural value created by the cultural sector is essential to good policy-making. The book is the first comprehensive account of the application of economic theory and analysis to the broad field of cultural policy. It deals with general principles of policy-making in the cultural arena as seen from an economic point of view, and goes on to examine a range of specific cultural policy areas, including the arts, heritage, the cultural industries, urban development, tourism, education, trade, cultural diversity, economic development, intellectual property and cultural statistics.

Cultural Economics And Cultural Policies

Author : Giorgio Brosio
ISBN : 079232868X
Genre : Art
File Size : 20. 25 MB
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This text offers a guide to the state of the art in cultural economics. Firstly, it alerts scholars and students to the necessity for careful definition and measurement of the cultural sector. Secondly, it affords examples of how economic analysis can shed light on the motivation of creative and performing artists and of artistic enterprises.

A Handbook Of Cultural Economics

Author : Ruth Towse
ISBN : 9780857930576
Genre : Social Science
File Size : 86. 63 MB
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The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up-to-date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: economics of art (including auctions, markets, prices, anthropology), artists' labour markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the internet, media economics, museums, non-profit organisations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures, and welfare economics.

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