IDEAS home Printed from https://ideas.repec.org/a/kap/jculte/v45y2021i1d10.1007_s10824-020-09382-4.html
   My bibliography  Save this article

Gender differences in hammer prices for Australian Indigenous art

Author

Listed:
  • Lisa Farrell

    (RMIT University)

  • Jane M. Fry

    (Monash University)

  • Tim R. L. Fry

    (RMIT University)

Abstract

Considering leading Australian Indigenous artists, we investigate the role of an artist’s gender in the valuation of artworks. Our analysis shows that male and female artists work in different media and mediums and that both sale price and clearance rate differ by artist’s gender. Building on a descriptive analysis, the statistical analysis of the data using sample selectivity models and a Blinder–Oaxaca decomposition shows clear differences between the prices of artwork. We find that, accounting for differences in the characteristics of artworks and artists, the price of artworks by male Australian Indigenous artists is lower than that by female artists.

Suggested Citation

  • Lisa Farrell & Jane M. Fry & Tim R. L. Fry, 2021. "Gender differences in hammer prices for Australian Indigenous art," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(1), pages 1-12, March.
    • Handle: RePEc:kap:jculte:v:45:y:2021:i:1:d:10.1007_s10824-020-09382-4
    DOI: 10.1007/s10824-020-09382-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10824-020-09382-4
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10824-020-09382-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. James J. Heckman, 1976. "The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 5, number 4, pages 475-492, National Bureau of Economic Research, Inc.
    2. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    3. Oaxaca, Ronald, 1973. "Male-Female Wage Differentials in Urban Labor Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(3), pages 693-709, October.
    4. Ben Jann, 2008. "The Blinder–Oaxaca decomposition for linear regression models," Stata Journal, StataCorp LP, vol. 8(4), pages 453-479, December.
    5. Adams, Renée & Kräussl, Roman & Navone, Marco & Verwijmeren, Patrick, 2018. "Is gender in the eye of the beholder? Identifying cultural attitudes with art auction prices," CFS Working Paper Series 595, Center for Financial Studies (CFS).
    6. Lisa Farrell & Jane M. Fry & Tim R. L. Fry, 2018. "Determinants of sales and price at auction for three Australian Indigenous artists: to pool or not to pool?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(3), pages 507-520, August.
    7. Lisa Farrell & Tim R.L. Fry, 2017. "Pre-sale information and hammer prices for Australian Indigenous art," Scottish Journal of Political Economy, Scottish Economic Society, vol. 64(5), pages 483-500, November.
    8. Alan S. Blinder, 1973. "Wage Discrimination: Reduced Form and Structural Estimates," Journal of Human Resources, University of Wisconsin Press, vol. 8(4), pages 436-455.
    9. Laurie Cameron & William N. Goetzmann & Milad Nozari, 2019. "Art and gender: market bias or selection bias?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(2), pages 279-307, June.
    10. Hela Jeddi & Dhafer Malouche, 2015. "Wage gap between men and women in Tunisia," Papers 1511.02229, arXiv.org.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Meg Elkins & Tim R. L. Fry, 2022. "Beyond the realm of cash: street performers and payments in the online world," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 46(2), pages 231-248, June.
    2. Maksim Borisov & Valeria Kolycheva & Alexander Semenov & Dmitry Grigoriev, 2022. "The influence of color on prices of abstract paintings," Papers 2206.04013, arXiv.org, revised Aug 2022.
    3. Prieto-Rodriguez, Juan & Vecco, Marilena, 2021. "Reading between the lines in the art market: Lack of transparency and price heterogeneity as an indicator of multiple equilibria," Economic Modelling, Elsevier, vol. 102(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rahman, Mustafizur & Al-Hasan, Md., 2018. "Male-Female wage gap and informal employment in Bangladesh: A quantile regression approach," MPRA Paper 90131, University Library of Munich, Germany.
    2. Somasree Poddar & Ishita Mukhopadhyay, 2019. "Gender Wage Gap: Some Recent Evidences from India," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 17(1), pages 121-151, March.
    3. Fortin, Nicole & Lemieux, Thomas & Firpo, Sergio, 2011. "Decomposition Methods in Economics," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 1, pages 1-102, Elsevier.
    4. Villarreal, Francisco G., 2014. "Financial Services and Household Inequality in Mexico," MPRA Paper 57075, University Library of Munich, Germany.
    5. Petreski, Marjan. & Mojsoska-Blazevski, Nikica., 2015. "The gender and motherhood wage gap in the Former Yugoslav Republic of Macedonia : an econometric analysis," ILO Working Papers 994895293402676, International Labour Organization.
    6. Geovanny Castro Aristizabal & Marcela Diaz Rosero & Jairo Tobar Bedoya, 2016. "Causas de las diferencias en desempeño escolar entre los colegios públicos y privados: Colombia en las pruebas SABER11 2014," Working Papers 26, Faculty of Economics and Management, Pontificia Universidad Javeriana Cali.
    7. P.W. Miller & S. Rummery, 1989. "Gender Wage Discrimination in Australia: A reassessment," Economics Discussion / Working Papers 89-21, The University of Western Australia, Department of Economics.
    8. Philippe Adair & Oksana Nezhyvenko, 2020. "Wage Differentials in EU Transition Economies (2009-2016): How Large a Penalty for Females and Informal Employees?," Proceedings of Economics and Finance Conferences 10913129, International Institute of Social and Economic Sciences.
    9. Oscar Molina Tejerina & Luis Castro Peñarrieta, 2020. "Unexplained Wage Gaps in the Tradable and Nontradable Sectors: Cross-Sectional Evidence by Gender in Bolivia," Investigación & Desarrollo 0120, Universidad Privada Boliviana, revised Nov 2020.
    10. Anna Adamecz-Völgyi & Morag Henderson & Nikki Shure, 2023. "The labor market returns to “first-in-family” university graduates," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(3), pages 1395-1429, July.
    11. Nan L. Maxwell & Nathan Wozny, "undated". "Gender Gaps in Time Use and Earnings: What's Norms Got to Do With It?," Mathematica Policy Research Reports 38f127bf7f494794807db7a3a, Mathematica Policy Research.
    12. Arceo-Gómez, Eva O. & Campos-Vázquez, Raymundo M., 2014. "Evolución de la brecha salarial de género en México," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(323), pages .619-653, julio-sep.
    13. Murat Genc, 2017. "Gender, Ethnicity, and Wages in New Zealand," EcoMod2017 10338, EcoMod.
    14. Swarnankur Chatterjee & Velma Zahirovic-Herbert, 2011. "Homeownership and Housing Equity: An Examination of Native- Immigrant Differences in Housing Wealth," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(2), pages 211-223, May.
    15. Shoshana Neuman & Ronald Oaxaca, 2004. "Wage Decompositions with Selectivity-Corrected Wage Equations: A Methodological Note," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 2(1), pages 3-10, April.
    16. Christina Boll & Julian Sebastian Leppin, 2016. "Differential Overeducation in East and West Germany: Extending Frank's Theory on Economic Returns Changes the Picture of Disadvantaged Women," LABOUR, CEIS, vol. 30(4), pages 455-504, December.
    17. Bonaccolto-Töpfer, Marina & Briel, Stephanie, 2022. "The gender pay gap revisited: Does machine learning offer new insights?," Labour Economics, Elsevier, vol. 78(C).
    18. Jonathan Haughton & Wendi Sun & Le Thi Thanh Loan, 2018. "Discrimination against Migrants in Urban Vietnam," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 24(3), pages 211-232, August.
    19. repec:pav:demwpp:demwp0108 is not listed on IDEAS
    20. Golder, Stefan M., 2000. "Endowment or Discrimination? An Analysis of Immigrant-Native Earnings Differentials in Switzerland," Kiel Working Papers 967, Kiel Institute for the World Economy (IfW Kiel).
    21. Elena Bardasi & Stephen P. Jenkins, 2010. "The Gender Gap In Private Pensions," Bulletin of Economic Research, Wiley Blackwell, vol. 62(4), pages 343-363, October.

    More about this item

    Keywords

    Art auction; Indigenous art; Gender; Blinder–Oaxaca;
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jculte:v:45:y:2021:i:1:d:10.1007_s10824-020-09382-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.