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Economía de la cultura. Una nueva área de especialización de la economía

Author

Listed:
  • Luis Antonio Palma M.

    (Universidad de Sevilla)

  • Luis Fernando Aguado Q.

    (Pontificia Universidad Javeriana, Cali)

Abstract

Cultural economics has recently been included in the development of Economics. The seminal paper Performing Arts: The Economic Dilemma by William Baumol and William Bowen, much acknowledged by specialists and from which this specialisation originates, dates back to 1966. In spite of its short life, cultural economics is a dynamic area for applying economic analysis to diverse subjects such as: “Baumol’s cost-disease”, cultural policy, models of consumption of cultural goods, concepts of capital and cultural value, organisational and managerial structures of cultural companies, the functionary of art markets and the development of the sector’s economic accounts.

Suggested Citation

  • Luis Antonio Palma M. & Luis Fernando Aguado Q., 2010. "Economía de la cultura. Una nueva área de especialización de la economía," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 12(22), pages 129-165, January-J.
    • Handle: RePEc:rei:ecoins:v:12:y:2010:i:22:p:129-165
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/lpalma22.pdf
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    References listed on IDEAS

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    Cited by:

    1. Jose A Bermudez Trivino & Lina M Medina Hurtado & Luis Fernando Aguado Quintero, 2015. "Analyzing the decision to listen to recorded music. A microeconometric approach," Working Papers 3, Faculty of Economics and Management, Pontificia Universidad Javeriana Cali.
    2. Jenny Cardenas-Ayala & Leandro Valiati, 2014. "Cultural and Creative Industries as Determining Qualified International Flow Trade in Latin America, 2001-2011," ACEI Working Paper Series AWP-05-2014, Association for Cultural Economics International, revised Oct 2014.
    3. de Sancha Navarro Jesús Manuel & Palma Martos Luis & Oliver-Alfonso María Dolores, 2016. "Economic and Financial Viability Plan for the Enterpreneurship of a Lyric Theatre Low-Cost Company: The Case of Zarzuela in Spain," Scientific Annals of Economics and Business, Sciendo, vol. 63(3), pages 363-379, November.

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    More about this item

    Keywords

    cultural economics; Baumol’s cost-disease; cultural policy; cultural goods; cultural industries;
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
    • B30 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - General

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