Cultural Economics Research Papers - Academia.edu (original) (raw)
This paper examines the public policy value of looking at gambling from a public health perspective. The manner in which social issues are framed will either expand or curtail public policy debates. The existing and traditional frames for... more
This paper examines the public policy value of looking at gambling from a public health perspective. The manner in which social issues are framed will either expand or curtail public policy debates. The existing and traditional frames for gambling (e.g. gambling as a matter of individual freedom, gambling as a form of recreation) fail to consider research on the social and economic impacts of gambling. Because a public health frame offers a broad viewpoint of society, it encompasses a number of social and economic impacts not considered in traditional frames. However, the existing gambling frames enjoy varying degrees of cultural, economic, and political support and, as a result, creating a higher profile for a public health framework will encounter a number of barriers. Research can play a decisive role in overcoming these barriers, as it has in a number of related fields (e.g., tobacco use, addiction and product liability, the epidemiology of AIDS). The paper concludes that research that identifies and quantifies the public health factors of gambling will substantially contribute to a public shift toward a public health frame.
Vietnam’s large potential market and oil resources have attracted many multinational companies, and joint ventures have been the common form of entry. Joint ventures allowed multinationals to gain quick entry, and domestic companies to... more
Vietnam’s large potential market and oil resources have attracted many multinational companies, and joint ventures have been the common form of entry. Joint ventures allowed multinationals to gain quick entry, and domestic companies to gain access to capital and technical expertise. However, joint ventures in Vietnam can suffer numerous conflicts, due to differences in working environment, cultures, economic system, level
This paper estimates the causal relationship between the supply of the art and incoming and outgoing tourist flows. We use aggregate bilateral data on tourist flows and on museums in twenty Italian regions. To solve the potential... more
This paper estimates the causal relationship between the supply of the art and incoming and outgoing tourist flows. We use aggregate bilateral data on tourist flows and on museums
in twenty Italian regions. To solve the potential endogeneity of the supply of museums we use a measure of historical patronage: the number of noble families. Exploiting the instrument we find strong evidence of a causal relationship between museums and tourist
flows. Local supply of art helps retaining cultural consumers.
This study sets out to go beyond the analysis of already recognised determinants of a nation's economic resilience by exploring possible cultural dimensions of economic resilience. The latest economic crisis in Europe is used as a context... more
This study sets out to go beyond the analysis of already recognised determinants of a nation's economic resilience by exploring possible cultural dimensions of economic resilience. The latest economic crisis in Europe is used as a context for testing the hypothesis that strong work ethic values enhance national economic resilience. For this purpose, a Cultural Values Index (CVI) incorporating four work ethic dimensions was constructed; with scores for 43 European countries being obtained from the 2008 European Values Study. The average annual ‘recovery growth’ manifested by the 43 countries over the 2008-2013 period was regressed using the Ordinary Least Squares (OLS) method on the CVI and other required control variables. The results suggest that cultural values did indeed have a significant effect on countries’ economic resilience, implying that policymakers seeking to enhance their nation’s economic resilience need to look at both economic and cultural aspects of economic resilience.
We study prices paid at auction for artworks created by male and female artists, based on birth-identified sex, and how these prices have evolved over time. Artworks produced by female artists comprise less than 4% of art auction sales;... more
We study prices paid at auction for artworks created by male and female artists, based on birth-identified sex, and how these prices have evolved over time. Artworks produced by female artists comprise less than 4% of art auction sales; after controlling for artwork characteristics, we find that artworks by female artists are 4.4% more expensive than artworks by male artists. In the top echelon of the art market—for sales above $1 million—artworks by male artists sell for 18.4% more than by female artists. The top 40 artists represent 40% of total market share; no female artist makes the top 40 ranking of artists in terms of total sales value at auction in the period under study, 2000–2017. However, for contemporary artists, our empirical results show that works by male artists sell for 8.3% more than their female counterparts. Overall, this study highlights significant price differences across birth-identified sex in the secondary market for fine art.
Abstract. For centuries, there have been discussions as to whether only experts can judge the quality of cultural output, or whether the taste of the public also has merit. This paper tries to answer that question empirically, using... more
Abstract. For centuries, there have been discussions as to whether only experts can judge the quality of cultural output, or whether the taste of the public also has merit. This paper tries to answer that question empirically, using national finals of the Eurovision Song Contest. We show that experts are better judges of quality in the sense that the outcome of finals judged by experts is less sensitive to factors unrelated to quality than the outcome of finals judged by public opinion. Yet, experts are not perfect; their judgment does still depend on such factors. This is also the case in the European finals of the contest.
The concept of value in cultural economics has been one of the main topic of study in the last years, focusing on the distinction between economic and cultural value and on how these two values interact one with the other. However, a... more
The concept of value in cultural economics has been one of the main topic of study in the last years, focusing on the distinction between economic and cultural value and on how these two values interact one with the other. However, a review of these studies lacks in literature, together with a scheme which represents the relationships between the cultural good's and the artist's characteristics: this is what we propose in our paper, presenting a review of the cultural economics literature and then representing the above-mentioned relationships, as a preview of what we think could be the direction of the analysis of this issue.
Our research aims to address the evidence gap by applying two broad classes of valuation techniques – stated preference methods and the wellbeing valuation approach – to the work of two of the UK’s premier cultural institutions, the... more
Our research aims to address the evidence gap by applying two broad classes of valuation techniques – stated preference methods and the wellbeing valuation approach – to the work of two of the UK’s premier cultural institutions, the Natural History Museum (NHM) and Tate Liverpool (TL), and drawing conclusions on the strengths and weaknesses of these methodologies as applied to culture.1 It is important to note that our aim here is not to come up with a total value for these institutions as such, but to uncover the value of some of the key non-market services they provide. Moreover, our study is not designed to compare the values derived across the two institutions and hence the values obtained are not comparable. Firstly, the NHM and TL are two very different institutions offering a different array of cultural services and our study focuses ondifferent subsets of these services in each case. Secondly, the valuation methods used for the two institutions are different in many respects. As we will discuss, even within the contingent valuation survey, for example, different scenarios, value elicitation methods and payment vehicles are used, and different samples of the UK population are surveyed.
A comparative analysis of stated preference and wellbeing valuation methods is important for a number of reasons. First, the cultural sector has generally been hesitant towards traditional economic approaches to valuation. There are valid questions about whether monetary values should ever be applied to culture. However, as discussed, the benefit of attaching monetary value to non-market goods, like culture, is that it increases the likelihood that these values will be considered in economic decision-making. Both stated preference and wellbeing valuation are endorsed by HM Treasury’s Green Book on cost-benefit analysis. A detailed comparison of the methods therefore holds out the promise of a more fit-for-purpose approach to economic valuation in the cultural sector that is also recognised by policymakers.
Second, the research is the first comparison of stated preference and wellbeing valuation methods in the cultural sector and amongst the first ever conducted in any sector. It also provides the first monetary valuation estimates of access to and services provided by the NHM and TL.
Finally, the study offers the first comprehensive subjective wellbeing investigation and valuation of NHM and TL visitation using a number of complementary wellbeing approaches.
An airborne LiDAR survey of the Nan Madol World Heritage Site and adjacent Temwen Island revealed a complex, irrigated cultivation system, the first found in the Central and Eastern Caroline Islands. This informs the goals of the... more
An airborne LiDAR survey of the Nan Madol World Heritage Site and adjacent Temwen Island revealed a complex, irrigated cultivation system, the first found in the Central and Eastern Caroline Islands. This informs the goals of the sustainable conservation project, funded by the U.S. Department of State Ambassadors Fund for Cultural Preservation, that inspired the survey, and expands understanding of Nan Madol and its place in the network of Pacific island interaction and trade. Fieldwork verified the presence, across Temwen, of low, wet, cultivable areas, many of which are connected by water channels or separated by earthen berms. The berms themselves may also have been cultivated. In complexity, labor investment, and organization, the system is comparable to Nan Madol itself, the largest archaeological site in Micronesia, with structures on about 100 artificial islets built of stone and coral on a reef flat. Constructed over a millennium, Nan Madol was the seat of the Saudeleur Dynasty, which persisted from about 1200 to 1600 CE. The cultivation system appears to have been able to provide ample food for consumption, feasting, and redistribution or trade. If the landscape alteration described here proves to date to the time of the Saudeleur Dynasty, it will offer many avenues of research into the economic basis of Nan Madol's regional dominance.
Paper on the Williams vs the Gaye Estate ruling and its effects on music industry structure. This paper was submitted as part of the Advanced Aspects of Cultural Economics Course held at Erasmus University in spring 2020 (teacher: Valeria... more
Paper on the Williams vs the Gaye Estate ruling and its effects on music industry structure. This paper was submitted as part of the Advanced Aspects of Cultural Economics Course held at Erasmus University in spring 2020 (teacher: Valeria Morea, Msc).
Production began to decline, more and more signs of recession occurred, the GDP diminished in real terms so that the signs of economic crisis became visible in all components of the social system (and in the culture subsystem, as well).... more
Production began to decline, more and more signs of recession occurred, the GDP diminished in real terms so that the signs of economic crisis became visible in all components of the social system (and in the culture subsystem, as well). In this context, the unanimous striving for international cooperation to find adequate answers to the present global crisis led to
Aucun domaine de l’économie culturelle n’échappe à l’emprise de l’économie. Ce livre fait le point sur les analyses économiques du spectacle vivant, des marchés de l’art, du patrimoine et des industries culturelles, en montrant comment se... more
Aucun domaine de l’économie culturelle n’échappe à l’emprise de l’économie. Ce livre fait le point sur les analyses économiques du spectacle vivant, des marchés de l’art, du patrimoine et des industries culturelles, en montrant comment se sont développées des grilles de lecture originales, qui empruntent à la théorie économique tout en forgeant des outils spécifiques.
L’auteur rend compte des développements induits par le numérique jusque dans des secteurs restés dans un premier temps à l’écart du changement. Elle analyse les fondements et les outils de la politique culturelle et elle en dessine les principales évolutions.
The use of archaeology for economic development represents a nontraditional use of resources normally valued for their cultural aspects. Economic benefits and uses are often resented in opposition to cultural ones in much of heritage... more
The use of archaeology for economic development represents a nontraditional use of resources normally valued for their cultural aspects. Economic benefits and uses are often resented in opposition to cultural ones in much of heritage management theory and practice. This divide has lead to a lack of data and an inadequate consideration of the economic value of archaeology and its place in economic development. Based on research in Scotland and in Jordan, this paper presents concepts to help
bridge the gap between these values and provide a more holistic view of archaeological resources which considers the relationships between cultural and economic values.
Essay dealing with the consequences and implications of the so-called rise of the creative industries for economy, policy and practice of innovation and society in general. The increasing emphasis on creativity as a prerequisite for both... more
Essay dealing with the consequences and implications of the so-called rise of the creative industries for economy, policy and practice of innovation and society in general. The increasing emphasis on creativity as a prerequisite for both innovation and social change makes the nurturing of creative talent a necessity and should make politicians think twice before they curtail spendings on culture.
Our work pursues a twin aim. Firstly, we explore the influence of organizational size on innovations in museums as well as its impact on museums’ economic, market and social performance. Secondly, we analyse how the (public–private)... more
Our work pursues a twin aim. Firstly, we explore the influence of organizational size on innovations in museums as well as its impact on museums’ economic, market and social performance. Secondly, we analyse how the (public–private) funding of such organizations impacts innovation and performance. The empirical work is based on information from a survey of 491 museums (British, French, Italian and Spanish). We find that museum size does prove relevant in the commitment to engage in innovation but that public funding of museums does not encourage innovation. We also highlight the importance of the explanatory power of the type of funding on the performance of these cultural organizations. This research also reveals how organizational and technological innovations as well as innovation in value creation in museums enhance economic, market and social performance.
Many parts of the world have been written off as resistant to development. We may think of most of Africa, parts of Latin America, the Middle East, and a few of the countries in Southeast Asia. Then there is the Pacific, which has shown... more
Many parts of the world have been written off as resistant to development. We may think of most of Africa, parts of Latin America, the Middle East, and a few of the countries in Southeast Asia. Then there is the Pacific, which has shown disappointing economic growth rates over the past decade or two (Francis & Hezel, 2009).
Of course, many of these countries still lack the reliable institutions, beginning with stable government and the rule of law, that are clearly a requisite for development. That is why according to today’s canon, differences in economic performance can only be explained by different economic institutions and public policies.
On the other hand, considerable cultural differences do still exist and even today cultural diversity remains definitely significant among different continents, states and even regions and we believe it is must be taken into account, despite the processes of globalization and immigration.
Thus, in our work we are going to critically analyze the limits of the traditional theory about economic development and - by describing what culture is and which are the prior beliefs and values shaped by it- we are going to study the channels through which culture had and has an impact on the economic growth of countries.
Un manuale pratico, redatto per gli studenti universiatri di museologia e museografia, frutto dell'esperienza maturata nella direzione dei Servizi museali della Città di Torino, confluita anche nella redazione dell'Atto di indirizzo sugli... more
Un manuale pratico, redatto per gli studenti universiatri di museologia e museografia, frutto dell'esperienza maturata nella direzione dei Servizi museali della Città di Torino, confluita anche nella redazione dell'Atto di indirizzo sugli standard di funzionamento e sviluppo dei musei del 2001.
Commissioned by the City of Knowledge Foundation, 2017