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on Cultural Economics |
| By: | A. Collins; A. E. Scorcu; R. Zanola |
| Date: | 2008–07 |
| URL: | http://d.repec.org/n?u=RePEc:bol:bodewp:639&r=cul |
| By: | E. Gaffeo; A. E. Scorcu; L. Vici |
| Date: | 2008–03 |
| URL: | http://d.repec.org/n?u=RePEc:bol:bodewp:630&r=cul |
| By: | Paolo Rosato (Fondazione Eni Enrico Mattei); Lucia Rotaris (Fondazione Eni Enrico Mattei and Università di Trieste); Margaretha Breil (Fondazione Eni Enrico Mattei); Valentina Zanatta (Fondazione Eni Enrico Mattei) |
| Abstract: | Italian historical buildings require urgent and costly maintenance and restoration works, but neither the local, nor the national public administrators can afford these expenditures. Nevertheless the built cultural heritage represent a unique resource of the territory, as it embodies the local social, historical, and cultural values, generates positive externalities (Musgrave, 1959), and stimulates economic activities mainly related to tourism. Is it possible to quantify how much we care about historical buildings and to measure this value in monetary terms? The aim of this paper is to answer to this question via the hedonimetric approach. Specifically, we try to verify if the proximity to historical villas, districts, palaces, squares, fortresses, religious buildings and archeological site systematically influence the house market equilibrium price in the Veneto region (Italy). The paper is organized as follows: in section two a brief review of the literature is reported, in section three the database used for the hedonimetric estimates is described, in section four the econometric models and the results we had obtained are illustrated, and in section five some final comments are drawn. |
| Keywords: | Cultural Heritage Externalities, Hedonic Housing Price Method |
| JEL: | Z1 D62 Q51 |
| Date: | 2008–07 |
| URL: | http://d.repec.org/n?u=RePEc:fem:femwpa:2008.64&r=cul |
| By: | Melissa Boyle (Department of Economics, College of the Holy Cross); Debra O'Connor (Department of Economics, College of the Holy Cross); Stacy Nazzaro (Department of Economics, College of the Holy Cross) |
| Abstract: | Beginning in 1979, certain states extended extra copyright protection, known as "moral rights" protection, to visual artists. Moral rights protection, which was incorporated into U.S. copyright law in 1990, ensures that works cannot be altered in a manner that would negatively impact the reputation of the artist. Using difference-in-differences regression strategies, we compare artists and non-artists in states with moral rights laws to those in states without these laws, before and after the laws are enacted. This enables us to test the impact of the laws on the behavior of artists, consumers, and policy makers. Our analysis reveals that artists’ incomes fall by over $4000 per year as a result of moral rights legislation, but we find no impact of the laws on artists’ choices of residence or on state-level public spending on the arts. |
| Keywords: | copyright, moral rights, Visual Artists Rights Act of 1990 (VARA) |
| JEL: | Z11 |
| Date: | 2008–08 |
| URL: | http://d.repec.org/n?u=RePEc:hcx:wpaper:0809&r=cul |
| By: | Ricardo Moreira (Faculdade de Economia, Universidade do Porto) |
| Abstract: | This paper looks into the intersection of art fields and management and tries to measure the positive impact that this brings into management, and shows how can art be a form of management consulting to companies. This form of consulting has been materialized, in the last six decades, in the Workart concept. In this paper we try to show the benefices, limitations and principle flaws of this concept. After the explanation, and history, of the concept, Workart, we present a method proposition. We’ve chosen the Learning Lab Denmark method, the CoLLab. We’ve tried to show the multiples layers of the method and, in a more practical sense, the steps needed to take to implement it. The presentation of this method is an illustration of the work needed to an efficient implementation of workart. Once the concept and method of implementation cleared we present two international working cases: the Unilever UK with Catalyst and the Babson Colleg with the entrepreneurial management MBA. The two cases are the practical application of the previous concepts and permit to see the goods and bads of this application in business and education. Then we focus in the Portuguese reality. In this field we present three cases: the Unicer, the Serralves Foundation and the Academia das Emoções. The first two cases are not conclusive because the Unicer program is not an intentional application of the Workart concept and has a lack of propose and the Serralves Foundation program has been cut down in an early stage of maturation without having material results. The last case, Academia das Emoções, although the short time of activity is the more mature and well succeed case in applying the Workart concept into Portuguese business reality. With this paper we try to show the benefices of applying the Workart concept in management, as a way of bringing creativity into companies, multiples angles to look to education, human resources issues and problem solving. |
| Keywords: | Workart, Management, Art, Creativity, Innovation |
| Date: | 2008–08 |
| URL: | http://d.repec.org/n?u=RePEc:por:fepwps:288&r=cul |
| By: | Bruns, Christian; Himmler, Oliver |
| Abstract: | Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent seeking to maximize the probability of reelection will shift more money to jurisdictions where an extra dollar gains more votes because a larger share of the electorate is informed about his policy. This prediction is tested using US data on county-level public spending, Designated Market Areas (DMAs) and location of licensed television stations. Instrumenting for the possible endogeneity of media activity to public spending, 2SLS results confirm a positive effect of media coverage on county-level public spending. Spatial regression rules out the possibility of confounding media effects with spatial autocorrelation. |
| Keywords: | public spending, information, television, elections |
| JEL: | D7 H7 D8 |
| Date: | 2007–07 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:10282&r=cul |
| By: | Sandra Notaro; Alessandro Paletto; Roberta Raffaelli |
| Abstract: | The aim of this paper is to take stock of the situation regarding the main types of damage to forests and their respective economic consequences, with reference to a case study in the Italian Alps (Trentino province). Each kind of damage (wind and snow, defoliation, fire and tillage) has been analysed in terms of its impact on four forest functions (production, protection, tourism-recreation and carbon sequestration) and evaluated in monetary terms. Market value was used to estimate the production and carbon sequestration functions, replacement cost method for protection, and contingent valuation for tourism-recreation. Applying desk research on damage caused by the main biotic and abiotic factors to this particular case study led to estimate a annual damage of about € 1,633,595 equal to € 4.73 per hectar. This can be considered a lower bound estimate of possibly greater damage. Another interesting result emerged from the evaluation exercise is that the wealth of information produced through monitoring and scientific research in the last twenty years does not readily lend itself to economic analysis. |
| Keywords: | forest damage, forest functions, interaction between damage and functions, economic valuation, Alpine forests |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:trn:utwpde:0809&r=cul |