nep-cul New Economics Papers
on Cultural Economics
Issue of 2011‒05‒14
six papers chosen by
Roberto Zanola
University Amedeo Avogadro

  1. Does the housing market reflect cultural heritage? A case study of Greater Dublin By Lyons, Seán; Mayor, Karen; Moro, Mirko; Tol, Richard S. J.
  2. Imbalance of World Heritage List: did the UNESCO strategy work? By Lasse Steiner; Bruno S. Frey
  3. The attractiveness of a modern and contemporary art museum By JG. Brida; Marta Meleddu; Manuela Pulina
  4. Unintended Media Effects in a Conflict Environment: Serbian Radio and Croatian Nationalism By Stefano DellaVigna; Ruben Enikolopov; Vera Mironova; Maria Petrova; Ekaterina Zhuravskaya
  5. A Matching Model of the Academic Publication Market By Damien Besancenot; Kim Huynh; Radu Vranceanu
  6. Spread of hoax in Social Media By Situngkir, Hokky

  1. By: Lyons, Seán; Mayor, Karen; Moro, Mirko; Tol, Richard S. J.
    Abstract: Does the housing market reflect cultural heritage? We estimate several specifications of a hedonic price equation to establish whether distance to cultural heritage site is capitalised into housing prices in Greater Dublin, Ireland. The results show that distance to the nearest historic building has a significant and robust effect on housing prices. To our knowledge this is the first application of the hedonic price method to cultural heritage.
    Keywords: non-market valuation; hedonic price; hedonic regression; cultural heritage; cultural economics
    Date: 2011–05
  2. By: Lasse Steiner; Bruno S. Frey
    Abstract: The official intention of the UNESCO World Heritage List is to protect the global heritage. However, the imbalance of the distribution of Sites according to countries and continents is striking. Consequently, the World Heritage Committee launched the Global Strategy for a Balanced, Representative and Credible World Heritage List in 1994. To date, there have not been any empirical analyses conducted to study the impact of this strategy. This paper shows that the imbalance did not decrease and perhaps increased over time, thus reflecting the inability of the Global Strategy to achieve a more balanced distribution of Sites.
    Keywords: UNESCO, international organizations, international political economy, global public goods, world heritage
    JEL: Z11 D6 F5 H87
    Date: 2011–03
  3. By: JG. Brida; Marta Meleddu; Manuela Pulina
    Abstract: This paper analyses the different factors influencing the intention to revisit a cultural attraction with an application to the Museum for Modern and Contemporary Art (MART) of Rovereto (Italy). The empirical data were obtained from a survey undertaken from September to November 2009 and a zero-truncated count data model is estimated. The findings reveal that, on the one hand, socio-demographic characteristics positively influence the probability to return. Also, as reported in other studies, the temporary exhibitions offered by the museum have a significant impact with a incidence rate ratio of almost two times. On the other hand, no matter how much the visitors spend on accommodation, are less likely to revisit if they travel in groups, by train or foot, are farer from their town of origin and spent longer visiting the museum.
    Keywords: museum; cultural economics; repeat visitation; zero-truncated Poisson; Rovereto (Italy)
    JEL: D12 L83 C19
    Date: 2011
  4. By: Stefano DellaVigna; Ruben Enikolopov; Vera Mironova; Maria Petrova; Ekaterina Zhuravskaya
    Abstract: Do media broadcasts matter when they reach audiences that are not their target? In a conflict, the media may have an unintended effect of increasing ethnic animosity. We consider radio signals travelling across country borders in the region that witnessed one of Europe’s deadliest conflicts since WWII: the Serbo-Croatian conflict in the Yugoslavian wars. Using survey data, we find that a large fraction of Croats listen to Serbian radio (intended for Serbian listeners across the border) whenever signal is available. Then, using official election results, we document that residents of Croatian villages with good-quality signal of Serbian public radio were more likely to vote for extreme nationalist parties, even after several years of peace time. Finally, ethnically-offensive graffiti are more likely to be exposed openly in the center of villages with Serbian radio reception. The effect is identified from the variation in the availability of the signal mostly due to topography and forestation. The results of a laboratory experiment confirm that Serbian radio exposure causes an increase in anti-Serbian sentiment among Croats.
    JEL: H41 H56 H77
    Date: 2011–04
  5. By: Damien Besancenot (CEPN - Centre d'Economie de l'Université Paris Nord - Université Paris-Nord - Paris XIII - CNRS : UMR7234); Kim Huynh (L.E.M. - Laboratoire d'Economie Moderne - Université Paris 2); Radu Vranceanu (Economics Department - ESSEC Business School)
    Abstract: This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals' editorial line, authors can sometimes target a wrong journal; in turn, the editor will desk-reject their paper. An equilibrium is de…ned as a situation where both editors and authors implement their optimal publication strategies, given the matching technology and the prevailing surplus sharing rule. The model can be solved for the equilibrium submission fee, desk rejection rate and ratio between the number of editors and the number of authors.
    Keywords: Academic journals, Desk-rejection, Publishing, Matching, Imperfect information.
    Date: 2011–04–28
  6. By: Situngkir, Hokky
    Abstract: We discuss the way of hoax spreading as gossip and rumor throughout the social media, i.e.: Twitter, by observing an empirical case in Indonesia. We discuss the spreading factor of the gossip in the social media and see the epidemiology of the propagation hoax before and after the hoax being clarified in the conventional mass media. The discussions brought us to the open enrchiment analysis of the sociology of gossip and rumors within the online services like Twitter for future observation of human behavior.
    Keywords: social media; gossip; rumor; hoax; Twitter.
    JEL: D12 C02 R00 Z10 C90 C70 C42 C80
    Date: 2011–05–01

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