Does Competition Kill? The Case of Classical Composers
Abstract
We investigate the impact of peer competition on longevity using a unique historical data set of classical composers. We measure the geographic concentration of peers by the number of composers located in the same area and the time spent in one of the main geographic clusters for classical music. Using instrumental variables, we find a significant negative effect of geographic concentration. An additional composer based in the same location decreases longevity by 2.3 years, on average. Besides the widely known economic benefits associated with competition, these findings suggest that significant negative welfare externalities exist as well.Download Info
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Paper provided by Trinity College Dublin, Department of Economics in its series Trinity Economics Papers with number tep1111.
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Length: 24 pages
Date of creation: Jun 2011
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Handle: RePEc:tcd:tcduee:tep1111
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Related research
Keywords: geographic concentration; well-being; mortality; culture;Find related papers by JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- N90 - Economic History - - Regional and Urban History - - - General, International, or Comparative
- R11 - Urban, Rural, Regional and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- Z19 - Other Special Topics - - Cultural Economics - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-02 (All new papers)
- NEP-CBE-2011-07-02 (Cognitive & Behavioural Economics)
- NEP-CUL-2011-07-02 (Cultural Economics)
- NEP-URE-2011-07-02 (Urban & Real Estate Economics)
References
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As found by EconAcademics.org, the blog aggregator for Economics research:- The dark side of competition
by chris dillow in Stumbling and Mumbling on 2011-07-06 13:18:29
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