nep-cul New Economics Papers
on Cultural Economics
Issue of 2009‒04‒25
six papers chosen by
Roberto Zanola
University of the Piemonte Orientale

  1. Benchmarking and understanding London’s Cultural and Creative Industries By Freeman, Alan
  2. Iowa’s Historic Preservation and Cultural and Entertainment District Tax Credit Program Evaluation Study By Jin, Zhong; Michael, Lipsman
  3. Media and Political Persuasion: Evidence from Russia By Enikolopov, Ruben; Petrova, Maria; Zhuravskaya, Ekaterina
  4. Mass Media and the Europeanization of Greek- Turkish Relations: discourse transformation in the Greek press 1997-2003 By Elena Lazarou
  5. Article length bias in journal rankings By Kóczy László Á.; Nichifor Alexandru; Strobel Martin
  6. When Does the Price Affect the Taste? Results from a Wine Experiment By Almenberg, Johan; Dreber, Anna

  1. By: Freeman, Alan
    Abstract: This paper describes the Greater London Authority’s evidence base for its work on the creative and cultural industries. Its main purpose is to show that th9is evidence base is viable, robust, and useful. The second and most important purpose is to encourage others in city management to invest in such evidence bases, and to compile them on a comparable basis. It will be some while before this is done by international agencies, and that national agencies are only at the start of a long journey in recognising the importance of city data. Hence, I argue in this paper, a responsibility devolves onto the cities themselves. This paper is about those responsibilities. The paper was originally presented to the Conference Board of Canada at its March 2008 international conference on the creative industries, and, along with the conference proceedings, can be obtained from the conference board via or
    Keywords: cultural economics; creative industries; innovation; internet
    JEL: Z1 Z11
    Date: 2008–03–26
  2. By: Jin, Zhong; Michael, Lipsman
    Abstract: Executive Summary: Iowa introduced the Historic Preservation and Cultural and Entertainment District (HPCED) Tax Credit Program in 2000. The program allows property owners or developers to claim tax credits equal to 25 percent of qualified rehabilitation costs for eligible historic properties in Iowa. In tax year 2002, the tax credit was made transferable and refundable at a discounted amount. In tax year 2005, the cap of the tax credit was increased to $6.5 million per year. In tax year 2007, the cap of the tax credit was increased to $10 million for fiscal year 2008, $15 million for fiscal year 2009, and $20 million for fiscal year 2010 and subsequent years. In addition, the tax credit was made fully refundable in 2007. The major findings of the study are:...
    Keywords: Investment Tax Credit; Tax Policy; State and Local Governement; Public Subsidy
    JEL: D62 H0 H43 H71 R33
    Date: 2009–03–30
  3. By: Enikolopov, Ruben; Petrova, Maria; Zhuravskaya, Ekaterina
    Abstract: How do media affect voting behavior? What difference can an independent media outlet make in a country with state-controlled media? Our paper addresses these questions by comparing electoral outcomes and votes reported by survey respondents during the 1999 parliamentary elections in Russia for those geographical areas that had access and those that had no access to the only national TV channel independent from the government ("NTV"). The effect is identified from exogenous variation in the availability of the signal, which appears to be mostly idiosyncratic, conditional on controls. The findings are as follows. 1) The presence of the independent TV channel decreased the aggregate vote for the government party by 2.5 percentage points and increased the combined vote for major opposition parties by 2.1 percentage points. 2) The probability of voting for opposition parties increased for individuals who watched NTV even controlling for voting intentions measured one month prior to the elections. 3) NTV had a smaller effect on votes of people with higher political knowledge and those using alternative sources of political news and a larger effect on retired persons who watch TV substantially more than working individuals.
    Keywords: Media; NTV; Political Persuasion; Russia
    JEL: D0 H0 J0
    Date: 2009–04
  4. By: Elena Lazarou
    Abstract: This paper analyzes the discourse on Turkey in the Greek press, focusing particularly on the reaction of the press to the transformation – or Europeanization– of Greek foreign policy that took place in the years following 1997. The paper examines the perceptions and representations of Turkey in the Greek printed media, by identifying the narratives referring to Turkey either as an enemy or as a candidate state for EU membership, and by looking at the evolution and transformation of these narratives in the period between 1997 and 2003. It then extracts observations regarding the nature of the discursive changes observed and proposes that - to a larger or lesser extent - these changes may be linked to the Europeanization of Greek society and politics and can be directly or indirectly attributed to the EU’s ability to influence non-state actors, such as mass media.
    Keywords: Europeanisation; Mass media; Foreign Policy; Greek-Turkish relations; Discourse.
    Date: 2009–02
  5. By: Kóczy László Á.; Nichifor Alexandru; Strobel Martin (METEOR)
    Abstract: The quality of publications, approximated by the containing journal''s quality indicator, is often the basis for hire and promotion in academic and research positions. Over the years a handful of ranking methods have been proposed. Discussing the most prominent methodswe show that they are inherently biased against journals publishing short papers.
    Keywords: Economics ;
    Date: 2009
  6. By: Almenberg, Johan (Dept. of Economics, Stockholm School of Economics); Dreber, Anna (Dept. of Economics, Stockholm School of Economics)
    Abstract: We designed an experiment that examines how knowledge about the price of a good, and the time at which the information is received, affects how the good is experienced. The good in question was wine, and the price was either high or low. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is expensive, and little is lost if it is cheap. Disclosing the high price before tasting the wine produces considerably higher ratings, although only from women. Disclosing the low price, by contrast, does not result in lower ratings. Our finding indicates that price not only serves to clear markets, it also serves as a marketing tool; it influences expectations that in turn shape a consumer’s experience. In addition, our results suggest that men and women respond differently to attribute information.
    Keywords: Price-Quality Heuristic; Attribute Information; Role of Expectations; Marketing; Blind Tasting; Wine.
    JEL: C91 D83 M31
    Date: 2009–04–19

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