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Human Capital and Artists' Labour Markets

In: Handbook of the Economics of Art and Culture

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  • Towse, Ruth

Abstract

It is argued that human capital theory applies only weakly to artists' decisions about investment in schooling and training and about occupational choice. However, the same can be said about the sorting model. What is lacking in cultural economics is an understanding of talent and creativity, what economic factors motivate artists and how creativity can be encouraged as part of government cultural policy. Bringing social and cultural capital into the equation do not seem to add much in the way of understanding artists' labour markets. A novel argument is made that the reproducibility of works of art in combination with copyright law alters the established view that human capital cannot be separated from labour, in this case that of the artist.

Suggested Citation

  • Towse, Ruth, 2006. "Human Capital and Artists' Labour Markets," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 24, pages 865-894, Elsevier.
    • Handle: RePEc:eee:artchp:1-24
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    Citations

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    Cited by:

    1. Milenko POPOVIĆ & Kruna RATKOVIĆ, 2013. "Oversupply Of Labor And Other Peculiarities Of Arts Labor Market," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 4(2), pages 204-230.
    2. Thomas Longden & David Throsby, 2021. "Non‐Pecuniary Rewards, Multiple Job‐Holding and the Labour Supply of Creative Workers: The Case of Book Authors," The Economic Record, The Economic Society of Australia, vol. 97(316), pages 24-44, March.
    3. José María Durán Medrano, 2019. "Contribución a una teoría del valor del arte sobre la base de los aportes de Marx a la teoría de la renta del suelo," Ensayos de Economía 18303, Universidad Nacional de Colombia Sede Medellín.
    4. Ebru KERİMOĞLU & Büşra GÜVEN-GÜNEY, 2018. "İstanbul’da Yaratıcı İşgücünün Eğitimi ve Endüstri Pratikleri Üzerine Bir Değerlendirme," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(37).
    5. Bronwyn Coate & Robert Hoffmann, 2022. "The behavioural economics of culture," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 46(1), pages 3-26, March.
    6. Bille, Trine & Fjællegaard, Cecilie Bryld & Frey, Bruno S. & Steiner, Lasse, 2013. "Happiness in the arts—International evidence on artists’ job satisfaction," Economics Letters, Elsevier, vol. 121(1), pages 15-18.

    More about this item

    JEL classification:

    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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