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The Economics of Museums: A Research Perspective

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  • Peter Johnson
  • Barry Thomas

Abstract

This paper examines the contribution economic analysis can make to the study of museums as productive organisations, and considers some related policy issues. The paper also suggests areas where research by economists might prove most fruitful. Copyright Kluwer Academic Publishers 1998

Suggested Citation

  • Peter Johnson & Barry Thomas, 1998. "The Economics of Museums: A Research Perspective," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 22(2), pages 75-85, June.
    • Handle: RePEc:kap:jculte:v:22:y:1998:i:2:p:75-85
    DOI: 10.1023/A:1007537500352
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    References listed on IDEAS

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    1. Faye Steiner, 1997. "Optimal Pricing of Museum Admission," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(4), pages 307-333, December.
    2. Throsby, David, 1994. "The Production and Consumption of the Arts: A View of Cultural Economics," Journal of Economic Literature, American Economic Association, vol. 32(1), pages 1-29, March.
    3. Peter Johnson & Barry Thomas, 1992. "Tourism, Museums And The Local Economy," Books, Edward Elgar Publishing, number 255.
    4. Martin Feldstein, 1991. "The Economics of Art Museums," NBER Books, National Bureau of Economic Research, Inc, number feld91-1, March.
    5. Werner Pommerehne & Lars Feld, 1997. "The Impact of Museum Purchase on the Auction Prices of Paintings," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(3), pages 249-271, September.
    6. Frey, Bruno S, 1994. "Cultural Economics and Museum Behaviour," Scottish Journal of Political Economy, Scottish Economic Society, vol. 41(3), pages 325-335, August.
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    Cited by:

    1. Iveta Vrabková & Jiří BeÄ ica, 2021. "The Technical and Allocative Efficiency of the Regional Public Galleries in the Czech Republic," SAGE Open, , vol. 11(2), pages 21582440211, April.
    2. Victor Martínez-de-Albéniz & Ana Valdivia, 2019. "Measuring and Exploiting the Impact of Exhibition Scheduling on Museum Attendance," Manufacturing & Service Operations Management, INFORMS, vol. 21(4), pages 761-779, October.
    3. Trilce Navarrete, 2013. "Museums," Chapters, in: Ruth Towse & Christian Handke (ed.), Handbook on the Digital Creative Economy, chapter 29, pages 330-343, Edward Elgar Publishing.
    4. Tohmo, Timo, 2004. "Economic value of a local museum: Factors of willingness-to-pay," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(2), pages 229-240, April.
    5. Fenghua Zhang & Pascal Courty, 2022. "The China museum visit boom: Government or demand driven?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 46(1), pages 135-163, March.
    6. Vincent G. Munley, 2018. "A Contingent Valuation Analysis of the Galway City Museum: Welfare Estimates for Attendance in the Absence of an Admission Fee," The Economic and Social Review, Economic and Social Studies, vol. 49(4), pages 489-514.
    7. Elena GORI & Silvia FISSI, 2013. "From Cash to Accrual Accounting: A Model to Evaluate the Performance of Public Museums," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(4), pages 519-541, October.
    8. Leask, Anna, 2010. "Progress in visitor attraction research: Towards more effective management," Tourism Management, Elsevier, vol. 31(2), pages 155-166.
    9. Adela Coman, 2018. "The Economics of Cultural Heritage: The Case of Museums," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 28(1), pages 63-73, December.
    10. Degryse, Hans & Bouckaert, Jan, 2001. "Borrower Poaching and Information Display in Credit Markets," CEPR Discussion Papers 2936, C.E.P.R. Discussion Papers.
    11. Maria Llop & Josep-Maria Arauzo-Carod, 2012. "Economic impact of a new museum on the local economy: “the Gaudí Centre”," Letters in Spatial and Resource Sciences, Springer, vol. 5(1), pages 17-23, March.
    12. Amy Whitaker, 2021. "Economies of scope in artists’ incubator projects," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(4), pages 613-631, December.
    13. Juan Prieto-Rodríguez & Víctor Fernández-Blanco, 2006. "Optimal pricing and grant policies for museums," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 30(3), pages 169-181, December.
    14. David Maddison, 2004. "Causality and Museum Subsidies," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 28(2), pages 89-108, May.
    15. Eleni Koustriava & Maria Koutsmani, 2023. "Spatial and Information Accessibility of Museums and Places of Historical Interest: A Comparison between London and Thessaloniki," Sustainability, MDPI, vol. 15(24), pages 1-17, December.
    16. Silvia Fedeli & Michele Santoni, 2006. "The Government's Choice of Bureaucratic Organisation: An Application to Italian State Museums," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 30(1), pages 41-72, March.
    17. Coman, Adela & Pop, Izabela, 2012. "Why Do Museums Matter? A Case Study on the Maramures County Museums," MPRA Paper 67311, University Library of Munich, Germany.
    18. Paul Bishop & Steven Brand, 2003. "The efficiency of museums: a stochastic frontier production function approach," Applied Economics, Taylor & Francis Journals, vol. 35(17), pages 1853-1858.

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    Keywords

    museum economics; museums policy;

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