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Art music and the economy: the modernity index and the Cincinnati Symphony Orchestra, 1895 to 2013

Author

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  • Nancy Bertaux
  • Kaleel Skeirik
  • David Yi

Abstract

This article views the production and performance of new art music as a public good that benefits society by infusing vitality into contemporary culture. This article presents a new modernity index (MI), a consistent index for assessing the degree to which a season of music programmes can be considered 'contemporary'. The article also presents a case study of the Cincinnati Symphony Orchestra (CSO), for the period 1895 to 2013. Analysis of the MI reveals trends over time, clearly showing a reduction in modernity as time goes on. This article discusses how the data based on the MI may be used by artistic organisations to transition its historic product (repertoire) into a more modern and socially relevant product. The study suggests that further research should examine increasing reliance on a private good model for financing art music that may lead to underproduction of contemporary art music.

Suggested Citation

  • Nancy Bertaux & Kaleel Skeirik & David Yi, 2015. "Art music and the economy: the modernity index and the Cincinnati Symphony Orchestra, 1895 to 2013," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 9(4), pages 376-392.
    • Handle: RePEc:ids:ijecbr:v:9:y:2015:i:4:p:376-392
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    Cited by:

    1. Mafalda Gómez-Vega & Luis César Herrero-Prieto, 2019. "Measuring emotion through quality: evaluating the musical repertoires of Spanish symphony orchestras," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(2), pages 211-245, June.

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