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This article explores the measurement of the production technology and efficiency of the performing arts sector. The stochastic frontier analysis has been used to estimate the technical efficiency scores for 20 Austrian and 30 Swiss non-profit theatres over 36 and 26 years, respectively. The...
Persistent link: https://www.econbiz.de/10011933263
In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if – in contrast to the standard model – the...
Persistent link: https://www.econbiz.de/10013426350
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10010481659
The essay deals with the issue of urban circularity understood as a subset of the Circular Economy paradigm, highlighting potential and limits of an emerging new model spreading on a global scale. The critical reasoning starts from a very recent production of institutional documents and the...
Persistent link: https://www.econbiz.de/10012419731
Commercial Land Use and Interjurisdictional Competition
Persistent link: https://www.econbiz.de/10011528082
There are several striking peculiarities of the arts labor market that have attracted the attentions of researchers in the last several decades: first is constant long run excess supply of arts labor; second, artists are more likely to be multiple-job-holders than other professions; third,...
Persistent link: https://www.econbiz.de/10010322365
The Korean wave has become a global phenomenon whose effect has been widely studied in Asia, Europe and the US. However the presumption of cultural distance makes it appear unlikely that the Korean wave could gain traction among African consumers of cultural products. As such, a dearth of...
Persistent link: https://www.econbiz.de/10015397851
I estimate the impacts of recently-popular U.S. state film incentives on filming location, film industry employment, wages, and establishments, and spillover impacts on related industries. I compile a detailed database of incentives, matching this with TV series and feature film data from the...
Persistent link: https://www.econbiz.de/10012005926
The paper investigates the existence of fiscal illusion in German municipalities with special focus on the revenues from local public enterprises. These shadow budgets tend to increase the misperception of municipal tax prices and seem to have been neglected in the literature. Therefore, an...
Persistent link: https://www.econbiz.de/10010269914
Engel equations and present stylized facts regarding cultural spending. Culture activities are a key indicator of a society … find that culture behaves as a luxury good with income (expenditure) elasticities of cultural spending around 2. Further … household heads allocate a lower share of the budget to culture. …
Persistent link: https://www.econbiz.de/10014485981