Determinants of Public Cultural Expenditures: An Exploratory Time Series Analysis for Austria
Austria calls itself a ``cultural nation'' as the arts, the performing arts (theaters) and museums, in particular, play an important role in public debate. However, the question arises as to whether public cultural expenditures as an indication of the significance of cultural policy are really as important when compared to other policy fields as political parties and the government try to suggest. A time series of public cultural expenditures for the period from 1967 to 1998 is taken as a basis for testing econometrically whether public expenditures (measured primarily as the ratio to GDP) follow a growth path. Based on tests for the stationarity of the time series of cultural expenditures in Austria, there are empirical indications that cultural expenditures, gross domestic product (GDP) and the relative price index (GDP and government expenditures) are cointegrated. Further econometric estimations (error-correction models) show that cultural expenditures increase with growing GDP but are vulnerable to short term fluctuations. Additionally, ``Baumol's cost disease'' adds to the long-term growth of cultural expenditures. In the past the growth path of cultural expenditures has been stable and independent of the ideology of ruling parties, the form of government and political business cycles. Copyright Kluwer Academic Publishers 2002
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Michael Hutter, 1996. "The impact of cultural economics on economic theory," Journal of Cultural Economics, Springer, vol. 20(4), pages 263-268, December.
- John W. O'Hagan, 1996.
"Access to and Participation in the Arts: The Case of Those with Low Income/Educational Attainment,"
Economics Policy Papers
961, Trinity College Dublin, Department of Economics.
- John O’Hagan, 1996. "Access to and participation in the arts: The case of those with low incomes/educational attainment," Journal of Cultural Economics, Springer, vol. 20(4), pages 269-282, December.
- J. Schuster, 1999. "The Other Side of the Subsidized Muse: Indirect Aid Revisited," Journal of Cultural Economics, Springer, vol. 23(1), pages 51-70, March.
- Günther Schulze & Anselm Rose, 1998. "Public Orchestra Funding in Germany – An Empirical Investigation," Journal of Cultural Economics, Springer, vol. 22(4), pages 227-247, December.
- Schulze, Gunther G & Ursprung, Heinrich W, 2000. " La donna e mobile--Or Is She? Voter Preferences and Public Support for the Performing Arts," Public Choice, Springer, vol. 102(1-2), pages 131-49, January.
- Michael Getzner & Ernst Glatzer & Reinhard Neck, 2001. "On the Sustainability of Austrian Budgetary Policies," Empirica, Springer, vol. 28(1), pages 21-40, March.
- Seaman, Bruce A, 1981. "Economic Theory and the Positive Economics of Arts Financing," American Economic Review, American Economic Association, vol. 71(2), pages 335-40, May.
- Trine Hansen, 1997. "The Willingness-to-Pay for the Royal Theatre in Copenhagen as a Public Good," Journal of Cultural Economics, Springer, vol. 21(1), pages 1-28, March.
- Frey, Bruno S., 1996. "Has Baumol's Cost Disease disappeared in the performing arts?," Ricerche Economiche, Elsevier, vol. 50(2), pages 173-182, June.
- Roubini, Nouriel & Sachs, Jeffrey D., 1989. "Political and economic determinants of budget deficits in the industrial democracies," European Economic Review, Elsevier, vol. 33(5), pages 903-933, May.
- Bruno Frey, 1999. "State Support and Creativity in the Arts: Some New Considerations," Journal of Cultural Economics, Springer, vol. 23(1), pages 71-85, March.
- Gary S. Becker & Kevin M. Murphy, 1986.
"A Theory of Rational Addiction,"
University of Chicago - George G. Stigler Center for Study of Economy and State
41, Chicago - Center for Study of Economy and State.
- Austen-Smith, David, 1984. "Subsidies to the Arts with Multiple Public Donors," The Economic Record, The Economic Society of Australia, vol. 60(171), pages 381-89, December.
When requesting a correction, please mention this item's handle: RePEc:kap:jculte:v:26:y:2002:i:4:p:287-306. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F. Baum)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.