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1.
GLobal Art MUseums as Economic Re-activators (GLAMUR) infrastructures are characterized by global media visibility and sheer presence in the communications environment; outstanding architecture by a superstar architect; big blockbuster exhibitions and a large number of visitors; being magnets for tourists; requiring large capital costs (initial construction costs plus ongoing investments) and large operating budgets; expensive advertising and commercialisation strategies; a huge operative risk; and a hope for substantial impact on the local economy. The economic value of cultural assets is defined as the extent to which they generate benefits for society. The aim of this article is to shed light on the valuation of GLAMUR infrastructures and why, and then to valuate the Guggenheim Museum Bilbao (GMB). In fact, the author of this paper argues that economic valuation through an estimate of the Willingness to Pay (WTP) (e.g. contingent valuation), is clearly an insufficient method for valuating a GLAMUR. One possible accurate method could be to calculate the Discounting of Cash-flows (DCF), followed by the discounting of the WTP estimates.  相似文献   

2.
This paper develops an empirical analysis of the determinants of the length of temporary art and cultural exhibitions. Using a sample of 659 exhibitions that took place in Italy in the period 2001–2010, a generalized linear model with a logit link and the binomial family was estimated. We also focus on the subsample of prolonged exhibitions, using a logistic accelerated failure time model. The empirical evidence supports the relevance of the subject, location and timing of the exhibition on duration; however, differences in the estimated impact of explanatory variables seem to suggest alternative marketing strategies for prolonged exhibitions.  相似文献   

3.
In the exhibition ‘One-Way Ticket (2015)’, New York’s Museum of Modern Art (MoMA) presented African-American artist Jacob Lawrence’s series Migration (1941). However, despite a curatorial intention to do otherwise, MoMA’s exhibition diminished Lawrence as an artist and his Migration series as art by defining Lawrence as an African-American ‘painterly-historian’, rather than an American artist looking to an international art scene. This article examines ‘One-Way Ticket’ and compares Migration with exhibitions of Otto Dix’s 1924 Der Krieg series to demonstrate the racial bias undergirding even an honest attempt to pay homage to an artist outside of a white modernist mainstream. With the acknowledgement of profound differences in impact and scale, this article contends that there is a parallel between MoMA’s ‘One-Way Ticket’ and the consistent assumption of African-American otherness to a white norm undergirding today’s climate of racial unrest.  相似文献   

4.
The estimation of the economic effects of cultural events is a topic that has stirred numerous debates in cultural economics. Although economic impact studies and contingent valuation have been the most frequently used methods, both suffer from numerous problems. In this article, we use ex-post econometric verification as a new and promising method in cultural economics in the estimation of the economic effects of cultural events and apply it to the estimation of the effects of the 2012 European Capital of Culture Maribor on tourism and employment. This enables us to compare results from economic impact and ex-post econometric verification studies to find significant differences in particular in terms of new employment. We determine the net effects on new tourism and find that they were mainly present in Maribor, the holder of the project, and not in the other five partner cities. We conclude by reflecting on the state of the art of the studies of economic effects of cultural events in cultural economics and their relevance for the study of cultural tourism.  相似文献   

5.
This paper examines the economic accomplishments of individual members in a Performing Rights Organization (PRO), sometimes referred to as a Performing Rights Society. Today, there is the growing importance of intellectual property and copyright protection for authors and creators of literary, dramatic, musical, artistic and other intellectual works. The digital age has placed added pressure on songwriters, lyricists and composers in their ability to derive economic benefits from their intellectual creativity in the form of a copyright. Copyright laws protect and enable the creation of music by allowing authors and composers to license the control and use of their creations, and receive compensation in the form of royalty payments for their work. The PROs license, collect and distribute royalty payments for non-dramatic public performances of copyrighted musical works created and owned by its members or affiliates. In this paper, skewness and heavy tail of returns in the form of member royalty payments are estimated using the skew-normal and skew-t distributions in a parametric approach. We found strong evidence of the so-called ‘superstar effect’ in which the average royalty payment made by a PRO is still dominated by extreme outcomes, and relatively few members earned a substantial share of royalty payments from blockbuster hits that have endured over time. There is little evidence of smaller niche members dominating or replacing the ‘superstars.’ Economists and others will benefit from this empirical study which emphasizes a new understanding of the music industry from a PRO, member royalty payment and performance copyright perspective.  相似文献   

6.
Shortcomings of neoclassical growth theory and growth accounting are viewed as a challenge for cultural economics. Recently, new growth theory has introduced several growth determinants and has closed the gap between theoretical and empirical research. Whether this development leaves space for cultural determinants in explaining economic growth is in the center of this paper. The theoretical analysis shows how an endogenous growth model can be used to explain the impact on economic growth of cultural determinants. The empirical part uses indices from cross-cultural studies to extend recent cross-country growth regressions. Among other Hofstedes uncertainty avoidance index is shown to be significantly correlated with economic growth.Discussion paper presented at the 9th international conference of the Association for Cultural Economics, Boston, May 8–11, 1996.  相似文献   

7.
Research on cultural economics is very interested in the economic valuation of non-market goods, particularly in the field ofcultural heritage where contingent valuation techniques are currently being used with both parametric and non-parametric statistical methods to estimate the willingness to pay for cultural goods. In the literature analysed, the number of studies using semiparametric methods, however, is very limited. Our analysis is intended to help fill this gap by offering a parametric, non-parametric and semiparametric economic valuation of the National Museum of Sculpture (Museo Nacional de Escultura), located in Valladolid,Spain. In addition, we also gain insight on a controversial issue affecting most European museums, particularly those located in Latin countries: the role voluntary donations might play in the funding of public museums.  相似文献   

8.
Investment in cultural heritage (and other forms of culture) are often claimed to be beneficial for a local economy, not only in terms of cultural consumption, but also in the form of increased employment and income. This article addresses some methodological questions regarding economic impact studies of investments in cultural heritage projects. Different types of direct and indirect impacts are being discussed, especially how these can be calculated. We also give a short overview over some studies of economic impact of different cultural and/or tourism activities, and the pros and cons of these studies. In a study of the Norwegian town of Røros, we find that tourism related to the cultural heritages in the region contribute some 7 per cent to overall employment and income.  相似文献   

9.
Cinema Demand In Germany   总被引:1,自引:0,他引:1  
This paper examines the German cinema market using time series data covering the period 1950–2002. Applying estimation techniques such as OLS, 2SLS and SUR, we identify interrelations between the number of seats, the average real prices and the demand for movies per capita. Furthermore, we test for the long-run relationship between demand, prices and real income and estimate the elasticity of demand with respect to these variables.JEL–Classification: C22, C23, L82  相似文献   

10.
In recent years the economic performance of public non-profit sectors such as cultural services has become an interesting economic issue. This is due to the high dependence of cultural institutions on public funding on the one hand and the increasing cost-pressure on public budgets on the other hand. In order to achieve an efficient, cost-minimizing resource allocation public authorities who decide on the distribution of public budgets need reliable performance indicators. Against this background, this paper analyzes the efficiency of German public theaters for the seasons 1991/1992–2005/2006. Using a stochastic frontier analysis approach, we test whether the assumption of cost-minimizing behavior is reliable in this sector. Moreover, several panel data models that differ in their ability to account for unobserved heterogeneity are applied to evaluate the impact of unobserved heterogeneity on the efficiency estimates. The results indicate that the cost-minimizing assumption cannot be maintained. Consequently, an efficiency analysis based on a cost function approach seems inappropriate in the case of German public theaters. Further, we find a considerable unobserved heterogeneity across the theaters, which causes a significant variation in the models’ efficiency estimates. This implies that failing to account for unobserved heterogeneity leads to biased efficiency values. Overall, our results suggest that there is still space for improvement in the employment of resources in the sector.  相似文献   

11.
千年历史沧桑和浓郁江南风情孕育的海盐,古韵绵绵,人杰地灵。如今,有梦想、能实干的海盐人大兴文化建设,描绘出一幅耀眼的文化画卷,而文化惠民则唱响了一曲动人的幸福赞歌。每到傍晚,当海风开始吹拂海盐这座滨海城市的时候,海滨公园的照壁前、秦山广场的花坛边、海盐大剧院的广场上……只要有音乐,有灯光,大家就翩翩起舞了。近年来,海盐文娱场所增多了,文化  相似文献   

12.
For-profit popular music concerts, a seldom studied event, may create sizeable economic impacts in a local economy. Using information from a survey of more than 1,000 concert goers to a Grateful Dead performance in Las Vegas and RIMS II multipliers, we estimate income and employment impacts. We conclude that the potential large spill-overs effects of such an event should not be ignored. This revised version was published online in August 2006 with corrections to the Cover Date.  相似文献   

13.
Since some years back a number of scholars have argued that the analysis in social science, including the analysis of economic life, needs to take materiality into account. In this article, the author suggests that one way to do push the debate about materiality one step further would be to look at the role of the senses in mediating between outside materiality and the inside reality of the actor. Drawing on Georg Simmel's essay The Sociology of the Senses the author suggests how we may look at the senses from a sociological perspective; this article also discusses what an economic sociology of the senses might look like. In order to show the mechanism by which the senses operate when they mediate between outside materiality and inside reality, the author draws on the sign theory of philosopher Charles Peirce. The signs, and what they refer to, come together in the mind of the subject, Peirce argues. They also impact the subject, rather than the other way around.  相似文献   

14.
Everyone knows that the movie business is risky. But how risky is it? Do strategies exist that reduce risk? We investigate these questions using a sample of over 2000 motion pictures. We discover that box-office revenues are asymptotically Pareto-distributed and have infinite variance. The mean is dominated by rare blockbuster movies that are located in the far right tail. There is no typical movie because box-office revenue outcomes do not converge to an average: revenues diverge over all scales. The studio model of risk management lacks a foundation in theory or evidence, and revenue forecasts have zero precision. Movies are complex products and the cascade of information among film-goers during the course of a film's run can evolve along so many paths that it is impossible to attribute the success of a movie to individual causal factors. The audience makes a movie a hit and no amount of “star power” or marketing can alter that. The real star is the movie.  相似文献   

15.
The Droit de Suite, known in the UK as Artists’ Resale Rights, provides an artist with the inalienable right to receive a royalty based on the resale price of an original work of art. This paper provides an empirical analysis of actual changes in the UK auction market for art that is newly subject to the Droit de Suite (DDS) because of a change in law. All changes are measured relative to changes for art not subject to the DDS and relative to changes in the auction markets for art in countries where there has been no change in law. We do a difference-in-difference analysis, differencing price growth and sales growth across market segments and across countries over the period 1993–2007. Our results suggest that the introduction of the DDS has not had a consistent negative impact on the UK art auction market during the period of study.  相似文献   

16.
2009年4月12日上午,一则令人震惊的新闻突然在网上出现:82版电视连续剧《西游记》中沙僧的扮演者闫怀礼于这天上午10时20分因肺部感染,医治无效,在北京世纪坛医院去世,享年73岁。这个消息令广大《西游记》迷扼腕痛心,更令在《西游记》中扮演孙悟空的六小龄童肝肠寸断。  相似文献   

17.
The purpose of this article is to analyze the effect of the cultural interest manifested by tourists when planning a vacation on their sensitivity to price. The proposed hypothesis states that tourist price sensitivity is moderated, at the moment of choosing a destination, by cultural interest. For this purpose, we measure and identify tourists’ price sensitivities—individual by individual—from real choices, i.e., tourist price sensitivity is estimated for each individual by observing the destination she actually selects. The empirical application is carried out on a sample of 2,127 individuals, and the operative formalization used to estimate individual price sensitivities follows a Random-Coefficient Logit Model; and to detect the way these sensitivities relate to the search for culture, an ANOVA procedure is employed. The results show an incremental effect of cultural interest on tourist price insensitivity; i.e., people looking for culture find their price sensitivity moderated by this interest in such a way that the negative effect of price diminishes. Also, we further explore these culture-interested tourists by a segmentation analysis, identifying five segments with different price sensitivities—one of them even showing certain high-price proneness.  相似文献   

18.
徐忠友 《文化交流》2009,(10):21-23
冯小刚因拍摄“贺岁片”而闻名,被许多观众称为“贺岁导演”。在冯小刚导演的“贺岁片”中,无论是前些年拍摄的《没完没了》《大腕》,还是近年来拍摄的《天下无贼》《手机》等,都有一种独特的“冯氏幽默”,让人看后有惊叹,有笑声,也有思考。  相似文献   

19.
From corporations to occupied factories, a growing number of widely accessible books and documentary films have emerged to represent an array of economic concerns and the groups gathered around them. Viewed as a new form of political association, these representations offer a lens to contemporary social change. This article draws on theories of performativity to explore the ways in which such diversely constituted assemblies might transform the economy. Representation has a number of different meanings; it relates to how economic concerns are discursively represented and thereby made real while also referring to the political representation of different groups gathered around that concern. Putting these two senses of representation together, this article examines the temporal and spatial composition of two alternative economic representations, the documentary films The Take and Les Glaneurs et la Glaneuse [The Gleaners and I]. Through The Take I explore the way in which alternative economies are performatively brought into being. I argue that The Gleaners and I illustrates how one might go about representing and reassembling the geography of economy through the idea of the periperformative. Together these films offer a way of broadening economy that has implications for the performative potential of research more generally.  相似文献   

20.
Like other cultural industries, the theatrical film industry is subject to the ‘blockbuster effect’, where popular products often dominate their competition by orders of magnitude over relatively short-run time horizons. This paper investigates this particular feature of the industry and the implication for overall market size. Using simple regression analysis, a positive relationship between (product-level) market concentration and market size is established using weekly box office revenue data from the US motion picture industry. This empirical evidence supports a simple theoretical model of heterogeneous consumers who selectively participate in the market.  相似文献   

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