Where Are We Now on Cultural Economics?
Abstract
A survey of progress in cultural economics since its virtual birth in 1966 with the publication of Baumol and Bowen, Performing Arts: The Economic Dilemma, distinguishing between "theoretical progress" and "empirical progress". Following in the footsteps of Towse's recent anthology of classic papers in cultural economics, I address nine topics that between them cover the subject, namely, (1) taste and taste formation, (2) demand and supply studies, (3) the media industries, (4) the art market, (5) the economic history of the arts, (6) the labour market for artists, (7) Baumol's cost disease, (8) non-profit arts organisations, and (9) public subsidies to the arts. I conclude that there has been some theoretical and empirical progress in the treatment of almost all these topics. Copyright 2001 by Blackwell Publishers LtdDownload Info
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Bibliographic Info
Article provided by Wiley Blackwell in its journal Journal of Economic Surveys.
Volume (Year): 15 (2001)
Issue (Month): 2 (April)
Pages: 123-43
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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"Are workers in the cultural industries paid differently?,"
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"Multiple job holding: the artist's labour supply approach,"
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"Análisis de los factores que afectan la repetición de la visita a una atracción cultural: una aplicación al museo de Antioquia
[Analysis of factors affecting repeat visit to a cultural attracti," MPRA Paper 37622, University Library of Munich, Germany. - Traub, Stefan, 2005. "Quality Investment and Price Formation in the Performing Arts Sector: A Spatial Analysis," Economics Working Papers 2005,16, Christian-Albrechts-University of Kiel, Department of Economics.
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