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1.
The major distinctive feature of cultural goods is that consumers must learn how to consume them, implying that preferences should be modelled as intertemporally dependent. The canonical model in the literature uses a habit formation analogy. In this paper, we discuss in detail, though in the simplest setup, a consistent preference structure for that model. Then, we derive the implications for the dynamics of two aggregate equilibrium models, a fixed price model and a flexible price model. The learning-by-consuming behaviour is characterised by a preference structure displaying bounded adjacent complementarity in the demand for the cultural good. This implies that there will be short run complementarity between the stocks of culture and financial wealth and that the adjustment of the demand for cultural goods, or of their relative price, will have some inertia. In the exogenous price model, we find that increases in income will raise the long run demand for cultural goods while increases in the relative price will decrease it. In the endogenous price model, an increase in the supply of cultural goods will imply an initial undershooting of the price of cultural goods followed by an upward transition process. Our results seem to be consistent with the empirical results on the demand for cultural goods and seem to offer an explanation for the Baumol and Bowen paradox.JEL Classification: Z1, E21Earlier versions of this paper have been presented at the 1st Conference of the Sociedade Portuguesa de Investigação em Economia (SPiE, 1997) and at the Xth Conference of the Association for Cultural Economics International, 1998, Barcelona. 相似文献
2.
One of the available and yet controversial tools in cultural policy at the national level is the reduction of VAT rates for cultural goods and services. We document the standard and reduced VAT rates in EU-28 countries in the period from 1993 to 2013 and explore the underlying determinants. We further introduce a simple theoretical framework to explain how reduced fiscal rates are expected to decrease prices and increase quantities of the consumed cultural goods and services. We then estimate quantitatively that a decrease in the VAT rate for books by one percentage point is associated with an economically significant drop in the price by 2.6%. Finally, we show the positive effect of a fiscal rate reduction on the book expenditure, where a one percentage point decrease in the VAT rate for books leads to an increase in expenditure by 2.7%. 相似文献
3.
This paper analyzes the effects that the 2012 VAT rise in Spain had on household’ demand for cultural goods and services. Household’ demands are modeled as a two-stage QUAIDS. After estimating price and expenditure elasticities, and the pass-through parameter associated with the reform, our results show that the individual welfare loss and the increment in the tax bill increase, but less than proportionately, with income. Consequently, the reform can be considered as regressive. Relating the effects of the VAT reform to households’ incomes also implies a low quantitative effect, because of the low proportion of total household expenditure that cultural expenditure represents. From a social perspective, the size of the induced welfare loss would positively depend on society’s inequality aversion. Regardless of the latter, it cannot be concluded whether the reform would have increased or reduced inequality in the distribution of cultural spending. Our results prove qualitatively robust to alternative values of the pass-through parameter. 相似文献
4.
Sao-Wen Cheng 《Journal of Cultural Economics》2006,30(4):263-286
The cultural atmosphere in a society is accumulated over time through the consumption of cultural services and is diminished through depreciation. Using cultural capital (e.g., cultural heritage, paintings, music scores), cultural services are provided by the cultural-services industry (e.g., museums, opera houses); cultural capital is enlarged by new cultural goods created by individuals. Individuals’ utilities are positively affected by the cultural services they consume, by the cultural goods they create and by the cultural atmosphere and the cultural capital accumulated in society. In a laissez-faire economy, individuals tend to ignore the positive external effects of their cultural-services consumption and creation of cultural goods on other individuals via accumulating cultural atmosphere and cultural capital. Consequently, suboptimally little cultural atmosphere and cultural capital will be accumulated. The efficient intertemporal allocation can be restored by introducing an appropriate subsidy that not only stimulates consumers’ demand for cultural services and the creation of new cultural goods but also enhances the accumulation of cultural atmosphere and cultural capital.
相似文献
| Sao-Wen ChengEmail: Phone: +49-271-7404534 |
5.
Andrew E. Burke 《Journal of Cultural Economics》1994,18(1):41-64
The paper estimates the demand for vinyl L.P.s in the U.K. In so doing, it outlines a technique to account for the impact of product differentiation innovation when estimating the demand for a product group. This may be particularly important for cultural goods where consumers are attracted to buy a product because of its unique characteristics and where these characteristics differ across time. Thus, the methodology may be used to estimate the demand for other product groups, such as movies and literature. Over the sample period L.P.s are found to be normal goods which are close to being unit price elastic. The diffusion of the Compact Disc appears to reduce the price elasticity of vinyl L.P.s. Consumers also appear to treat L.P.s as perishable goods and the demand for vinyl albums is positively stimulated both by the range of albums available on the L.P. format and product differentiation innovation. 相似文献
6.
Edlira Shehu Tim Prostka Christina Schmidt-Stölting Michel Clement Eva Blömeke 《Journal of Cultural Economics》2014,38(2):109-130
Driven by the pressure to permanently release a large number of books, publishers have to allocate limited advertising budgets across the wide range of newly released books. As in many creative industries, publishers often focus their advertising activities on potential top sellers written by recent bestselling authors. Considering potential selection effects in choosing the “right” books for advertising, this paper investigates (1) whether selection effects exist and to what extent potential selection effects influence the relation between book advertising and book sales and (2) the boundary conditions under which book advertising leads to higher sales by focusing on the “star power” effects of authors. By applying propensity score matching to a dataset of 598 fiction books from the German book market, we identify substantial selection effects that lead to a serious overestimation of advertising effectiveness by up to 41 % (10,000 copies sold). Using group analyses, we find that sales of books written by recent bestselling authors are not significantly influenced by advertising activities of publishers; however, the sales of books written by lesser-known authors can be increased significantly if they are advertised. Our findings are highly relevant for publishers, indicating that a shift in the allocation of advertising budgets toward promising books by lesser-known authors is recommended to improve the overall advertising effectiveness. 相似文献
7.
We develop a model of theatre demand with learning by consuming, and test some of its implications on a large random sample of theatregoers and non-theatregoers. This seems to be the most comprehensive econometric study of demand for the theatre from individual data. We hypothesize that each time the consumer watches a play, he experiences a degree of pleasant or unpleasant surprise on the basis of which he will revise his future expectations of his own taste. The learning phase is likely to be unusually long for highly differentiated cultural goods. Our set of data contains unique information about the full price and the fixed cost of theatre, the objective quality of the outing, past experience of and taste for the theatre, and consumption of substitute leisure activities such as reading, television and cinema. Our methodology and data enable us to infer price elasticity on survey data from knowledge of theatregoing experience and taste. After controlling for many variables, we conclude that demand for the theatre is price-elastic, which contradicts previous estimates on aggregate time-series data. Moreover, we estimate demand conditional on past attendance after controlling for selectivity bias. Satisfaction reported by consumers after the last play is also estimated and interpreted as an ordinal conditional choice. 相似文献
8.
In this article we present an empirical analysis of the ‘patterns of cultural choice’ in the musical domain in Italy. The
main goal of the article is to verify whether musical tastes in Italy are diversified, with the presence of a group of ‘cultural
omnivores’. Our study is based on the theoretical model of the demand for cultural goods proposed by Lévy-Garboua and Montmarquette
(1996). In the empirical analysis we simultaneously evaluate the probability of choosing different musical genres. Through the
specification of the set of alternatives into three groupings of musical genres —“only classical music”, “only popular music”
and “all music”—we were able to detect the relative impact of several socio-economic characteristics on the probability of
having “univorous” or “omnivorous” musical likings. In addition, our approach allows us to verify the existence of different
patterns of music consumption by testing the significance of differences among the estimated coefficients of the probability
functions related to the three groupings of musical genres. We find that age, gender and education are important predictors
of an omnivorous taste.
相似文献
| Carlofilippo FrateschiEmail: |
9.
Beyond the Dogma of the Fixed Book Price Agreement 总被引：4，自引：1，他引：3
Frederick van der Ploeg 《Journal of Cultural Economics》2004,28(1):1-20
After describing the essential features of the book market, a welfare analysisof the fixed book price agreement is given. Allowance is made for theopportunity cost of reading. Theoretically such an agreement pushes up bookprices and depresses book sales. However, more titles will be published,particularly books with low price elasticity and those that take a long timeto read. Potential advantages of better service, distribution and retailnetworks seem less relevant. The book market is one of imperfect competition,but even so the cross-subsidy argument is unlikely to be valid. A qualitativeanalysis of the Dutch situation is given. Tentative conclusions are that oneshould be more concerned about the number of well-stocked bookshops than thediversity of published titles and that debutantes do not face big barriers toentry. One should be even more concerned about the falling proportion ofpeople reading books. Governments fail to set (quantitative) objectives forthe fixed book price agreement, which makes it difficult to evaluate itssuccess and contributes to it being treated as dogma in the book world and thepolitical arena. 相似文献
10.
Maria-Luisa Carvalho Marta Manso Sofia Pessanha Ana Guilherme Fernando Rodrigues Ferreira 《Journal of Cultural Heritage》2009,10(3):435-438
This work describes the quantitative analysis of mercury present in the ink used to colour some books of XVIII century. The mercury content was determined by Energy Dispersive X-ray Spectrometry. This is a non-destructive technique which allows elemental identification and quantification (Z > 13) by atomic physics processes. The organic pigments cannot be identified by this technique, taking into account that its composition is mainly C, O and H. Levels of 2 wt.% and 4.5 wt.% were measured in 1756 and 1753 books respectively. No significant amount of mercury was observed in other red books, on a total of 11, all from XVIII century: 1720, 1732, 1753, 1756, 1780, 1798, 1800. More than one book for each year were analysed. The studied books belong to a private collection, and were selected taking into account the age and the reddish colour of their external parts. High content on Fe were observed in some of the books. This work highlights the application of a physics technique in a very important aspect for art and cultural heritage conservation and restoration, considering that high levels of toxic elements might be found in ancient documents. It is of great importance that preliminary elemental analyses are performed on ancient documents before handling them, because they might constitute some danger for restorers, conservators and collectors. This work highlights, for the first time, the danger of some ancient books. They might contain a very high concentration of mercury, which is toxic for the organism. This is also a particularly important problem of public health never mentioned in literature before. 相似文献
11.
In the present paper, we analyse the allocation process for cultural services in Norwegian municipalities. The cultural sector at this administrative level is decomposed into the following eight subcategories: children’s and youth activities, libraries, cinemas, museums, arts dissemination, cultural heritage, cultural schools, and other cultural services. By means of budget shares for these eight cultural services and a residual sector consisting of all other municipal services, we estimate a system of demand relations which are interdependently linked to each other by a budget restriction. Our analyses are based on data from 409 out of 429 Norwegian municipalities during the period 2002–2010. In the empirical analyses, we mainly focus on the effects of income variation for the cultural services. We estimate effects of free income, matching grants to each sector, and user fees and other sector-specific income for each sector. We also estimate crowding-out effects for the cultural sectors of demographic variables indicating higher demand for services such as education, childcare, and health services. Our results confirm previous results. There are interesting differences within the group of cultural services, and these are partly related to different levels of national standardisation and regulation among the cultural services. 相似文献
12.
《Journal of Cultural Economy》2013,6(2):131-144
This paper proposes and mobilizes a cultural economic framework to study the dynamic formation of digital markets for cultural goods. Adapting Hayek's theory of price to recent developments in the field of cultural sociology, it proposes the idea that an effective price system condenses information dispersed in society, and then enters into a performative process of symbolic communication that is perceived as ‘authentic’ by the consumers. After analyzing ‘artificial’ and ‘authentic’ current strategies aimed at producing digital markets for cultural goods, which are especially sensitive to the symbolic dimension of price, the article suggests the hypothesis that the digital market has been constructed as a zero- or quasi-zero-price economic space, and that it is the offline and material market of cultural products the one that collects the higher revenues derived from the ‘authentic’ generation of value taking place in the digital marketplace. 相似文献
13.
Juan L. Nicolau 《Journal of Cultural Economics》2010,34(3):181-195
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
14.
Learning cultural heritage by serious games 总被引：1，自引：0，他引：1
《Journal of Cultural Heritage》2014,15(3):318-325
Immersive technologies such as virtual environments and augmented reality have a clear potential to support the experiencing of cultural heritage by the large public, complementing the current tools and practices based on tangible goods such as museums, exhibitions, books and visual content. Serious games – videogames designed for educational objectives – appear as a new tool to learn cultural content in an engaging way. In this paper, we will provide an extensive portrait of the current proposition of serious games in the cultural sector, highlighting the educational objectives of games in this domain and analysing the complex relations between genre, context of use, technological solutions and learning effectiveness. We finally identify and discuss the most significant challenges in the design and adoption of educational games in cultural heritage. 相似文献
15.
Douglas J. Hodgson 《Journal of Cultural Economics》2011,35(4):287-308
We conduct an empirical analysis of the effect on the auction price of a Canadian painting of the age of the painter at the
time of creation of the painting. We consider over two hundred artists, active over the entire history of Canadian art, who
are pooled in the estimation of a hedonic regression in which a polynomial function in age enters as a regressor along with
several other control variables. We consider the possibility that the age–price relationship has changed over time by: (a)
estimating separate age–price functions for three generational groups of artists—those born before 1880, between 1880 and
1920, and after 1920 and thus coming of age in the world of post-war ‘contemporary art’ and (b) estimating a parameterization
where the shape of the age–price profile is permitted to change continuously depending on the year of birth of the artist.
Our principal result is that artists born more recently tend to ‘peak’ earlier in their careers than those of previous generations. 相似文献
16.
Marta Zieba 《Journal of Cultural Economics》2009,33(2):85-108
This article provides estimates of price and income elasticities of demand for German public theatre, using a large and reliable
data set for 178 theatres over 40 years (1965–2004). It is posited that the consumption of the performing arts is a time-intensive
activity for which both a theatre ticket and leisure time are necessary. Thus, the impacts of ‘full-income’ (‘leisure time
income’ added to disposable income) and the price of leisure time on theatre attendance are examined. The findings indicate
that the demand for the performing arts is own-price inelastic. The disposable income elasticity is significant, positive
and equals approximately one. In contrast, the full-income elasticity is well above one and greater than usual income elasticity
indicating that the performing arts are a luxury good when leisure time income is included in the consumer’s budget. The positive
full-income effect is, however, offset by the negative price of leisure effect indicating that leisure time is a complement
for the performing arts. Additionally, three objective quality characteristics of theatrical productions which can positively
influence theatre demand are examined.
相似文献
| Marta ZiebaEmail: |
17.
Determining the Value of Cultural Goods: How Much (or How Little) Does Contingent Valuation Tell Us? 总被引：1，自引：0，他引：1
David Throsby 《Journal of Cultural Economics》2003,27(3-4):275-285
Contingent valuation methods (CVM) are now well established as a means of measuring the nonmarket demand for cultural goods and services. When combined with valuations provided through market processes (where relevant), an overall assessment of the economic value of cultural commodities can be obtained. Within a neoclassical framework, such assessments are thought to provide a complete picture of the value of cultural goods. But are there aspects of the value of cultural goods which are not fully captured, or not captured at all, within such a model? This paper argues that CVM provides an incomplete view of the nonmarket value of cultural goods, and that alternative measures need to be developed to provide a fuller account. 相似文献
18.
This study offers a preliminary exploration of repeat consumption of identical cultural goods, specifically moviegoing. The
term ‘identical’ in this study refers to cases where, for example, individuals view the same film at a movie theater, in a
short time interval, on more than one occasion i.e. experiencing the cultural good in precisely the same format. It is not
meant to embrace the case of individuals who, for example, view a particular film at a movie theater and then see it some
time later in another format, such as via a DVD player. The repeat viewing phenomenon is discussed and then considered empirically.
Films aimed predominantly at children attract the highest number of repeat views, while those aimed at an older audience attract
significantly fewer repeat views. The profile of repeat viewers of the 10 films which attracted the greatest number of repeat
viewers was subject to more detailed scrutiny. In general, repeat viewers tend to be younger but the gender balance differs
markedly according to film content.
An earlier version of this article was presented at the 3rd European Workshop on Applied Cultural Economics, University of
Oviedo in Aviles, Spain 14–16 June 2007 and the 9th International Conference on Arts and Cultural Management (AIMAC), Fundación
Universidad Empresa (ADEIT), Valencia, Spain 8–11 July 2007. We are grateful for comments received and the usual caveat applies. 相似文献
19.
《Journal of Cultural Heritage》2009,10(1):9-21
Benefit transfer refers to the transfer of economic values from a primary valuation study (study site) to a site where we need to conduct policy analysis (policy site). Due to the considerable costs and time required to conduct primary valuation studies, using benefit transfers to estimate the values for sites not yet valued is likely to attract policy interest. While benefit transfer is being increasingly applied in studies on environmental goods, its application in the field of cultural heritage resources is rare. The unique nature of these public goods, and differences in the size and demographic characteristics of the affected populations lead to a significant risk of benefit transfer providing irrelevant estimates for cultural heritage. In this study, we compared the results of two contingent valuation (CV) studies involving historic temples in Thailand and Vietnam, tested the validity and reliability of benefit transfers between the two sites, and explored the possibilities and difficulties in such transfers. We found that the error in transferring unadjusted mean willingness-to-pay (WTP) ranged from 46% to 129%. Adjustments for differences in purchasing power parity (PPP), income level and income elasticity between the sites substantially increased rather than decreased transfer errors in many instances. Function transfers did not perform better than unadjusted unit transfers. These results suggest that there are other important factors – possibly physical, cultural and institutional variables – that need to be taken into account in explaining the differences in WTP for cultural heritage aside from the usual income and socio-economic variables captured in CV studies. Until we are able to identify these other factors and measure their impacts, the potential policy use of benefit transfer in the case of cultural heritage goods remains limited. 相似文献
20.
Eiji Yamamura 《Journal of Cultural Economics》2014,38(4):331-349
Anime is now considered an accepted form of animation and is considered to represent Japanese contemporary culture worldwide. There are many fans of anime and manga, creating a community known as otaku world. However, Japanese anime and manga have gained popularity in Western countries as well as in Japan. This paper attempts to ascertain the determinants of watching anime in Japan based on individual-level data from Japan. Despite the growth in the number of adult anime fans, children are still more likely to watch anime than adults are. Hence, this study investigates how adults are influenced by the presence of their children. After controlling for individual characteristics, it was found that people are more likely to watch anime when they have children aged less than 12 years who have not yet entered junior high school. Such an effect is larger for parents who belong to an older generation where people are less likely to prefer anime. This implies that the externality coming from children results in parents watching anime. The findings of this study show that externalities from surrounding people play a critical role in enlarging the market of modern cultural goods representing “Cool Japan.” 相似文献