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Determinants of the Demand for Live Entertainments: Some Survey-based Evidence

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  • S Cameron
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    Abstract

    This paper presents estimates, based on survey evidence, of the determinants of total demand by the public for attendance at live events, such as opera, rock music, musicals and theatre. The paper estimates equations for total attendance in the last twelve months as a function of perceptions of price, income, consumption of substitute goods, demographic variables and measures of the 'social network' effect of attendance (including loneliness). The equations are estimated using a fixed effects model for male-female differences. Some differences are established between males and females. There is only limited evidence for a significant role of social network effects.

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    Bibliographic Info

    Article provided by Economic Issues in its journal Economic Issues.

    Volume (Year): 11 (2006)
    Issue (Month): 2 (September)
    Pages: 51-64

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    Handle: RePEc:eis:articl:206cameron

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    Web page: http://www.economicissues.org.uk
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    1. Gary S. Becker & Kevin M. Murphy, 1986. "A Theory of Rational Addiction," University of Chicago - George G. Stigler Center for Study of Economy and State 41, Chicago - Center for Study of Economy and State.
    2. Bonita Kolb, 1997. "Pricing as the Key to Attracting Students to the Performing Arts," Journal of Cultural Economics, Springer, vol. 21(2), pages 139-146, June.
    3. Craig Barton Upright, 2004. "Social Capital and Cultural Participation: Spousal Influences on Attendance at Arts Events," Working Papers 21, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Arts and Cultural Policy Studies..
    4. Louis Lévy-Garboua & Claude Montmarquette, 1996. "A microeconometric study of theatre demand," Journal of Cultural Economics, Springer, vol. 20(1), pages 25-50, March.
    5. Forrest, David & Grime, Keith & Woods, Robert, 2000. "Is It Worth Subsidising Regional Repertory Theatre?," Oxford Economic Papers, Oxford University Press, vol. 52(2), pages 381-97, April.
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