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Artistic Creation and Intellectual Property

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Author Info

  • Francisco Alcalá

    ()
    (Universidad de Murcia. Departamento de Fundamentos del Análisis Económico, Campus de Espinardo)

  • Miguel González-Maestre

    ()
    (Universidad de Murcia. Departamento de Fundamentos del Análisis Económico, Campus de Espinardo)

Abstract

We analyze artistic markets considering three key distinctive features that have been overlooked by the standard analysis on intellectual property. These features are the dynamic link between the current number of young artists and future high-quality artistic creation, Rosen’s superstars phenomenon, and the role played by promotion costs. Introducing them into an overlapping-generations model brings about a new perspective on the consequences for artistic creation of changes in the copyright term, progress in communication technologies favoring market concentration by stars, and the enlargement of markets. The conventional result that longer copyrights always stimulate artistic creation only holds as a particular case.

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File URL: http://iei.uv.es/docs/wp_internos/RePEc/pdf/iei_0606.pdf
File Function: First version, 2006
Download Restriction: no

File URL: http://iei.uv.es/docs/wp_internos/RePEc/pdf/iei_0606R.pdf
File Function: Revised version, 2009
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Bibliographic Info

Paper provided by International Economics Institute, University of Valencia in its series Working Papers with number 0606.

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Length: 38 pages
Date of creation: Dec 2006
Date of revision:
Handle: RePEc:iei:wpaper:0606

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Related research

Keywords: superstars; copyrights; innate abilities; allocation of talent;

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References

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  1. Michele Boldrin & David K Levine, 2008. "Market Size and Intellectual Property Protection," Levine's Working Paper Archive 618897000000001023, David K. Levine.
  2. Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny, 1990. "The Allocation of Talent: Implications for Growth," NBER Working Papers 3530, National Bureau of Economic Research, Inc.
  3. Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August.
  4. Hal R. Varian, 2005. "Copying and Copyright," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 121-138, Spring.
  5. Martin Peitz & Patrick Waelbroeck, 2004. "An Economist’s Guide to Digital Music," CESifo Working Paper Series 1333, CESifo Group Munich.
  6. Yarrow, G K, 1985. "Welfare Losses in Oligopoly and Monopolistic Competition," Journal of Industrial Economics, Wiley Blackwell, vol. 33(4), pages 515-29, June.
  7. Gayer, Amit & Shy, Oz, 2006. "Publishers, artists, and copyright enforcement," Information Economics and Policy, Elsevier, vol. 18(4), pages 374-384, November.
  8. Spence, Michael, 1976. "Product Selection, Fixed Costs, and Monopolistic Competition," Review of Economic Studies, Wiley Blackwell, vol. 43(2), pages 217-35, June.
  9. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
  10. Johnson, William R, 1978. "A Theory of Job Shopping," The Quarterly Journal of Economics, MIT Press, vol. 92(2), pages 261-78, May.
  11. Michele Boldrin & David K. Levine, 2006. "Growth and Intellectual Property," NBER Working Papers 12769, National Bureau of Economic Research, Inc.
  12. MacDonald, Glenn M, 1988. "The Economics of Rising Stars," American Economic Review, American Economic Association, vol. 78(1), pages 155-66, March.
  13. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-58, December.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Shorter copyrights stimulate artistic creation
    by Economic Logician in Economic Logic on 2009-10-22 14:48:00

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