nep-cul New Economics Papers
on Cultural Economics
Issue of 2015‒08‒19
six papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

  1. Death, Bereavement, And Creativity By Kathryn Graddy
  2. Culture and Institutions By Alesina, Alberto; Giuliano, Paola
  3. Theorizing celebrity cultures: thickenings of celebrity cultures and the role of cultural (working) memory By Olivier Driessens
  4. Local Economic Impacts of Popular Music Concerts By Gabe, Todd; Lisac, Nicholas
  5. Advertising competition in the French free-to-air television broadcasting industry By Ivaldi, Marc; Zhang, Jiekai
  6. L'art comme outil de lien social et de management interculturel au sein d'entreprises innovantes ? By André Cipriani

  1. By: Kathryn Graddy (Department of Economics, International Business School, Brandeis University)
    Abstract: Does creativity, on average, increase or decrease during bereavement? Dates of death of relatives and close friends of 33 French artists and 15 American artists were gathered from electronic sources and biographies, and information on over 15,000 paintings was collected from Blouin's Art Sales Index and the Metropolitan Museum of Art's online collection, including over 12,000 observations on price. To preview the results, an event study indicates that prices of paintings decrease by over one-third on average in the two years following the death of a friend or relative. Furthermore, paintings that were created during this bereavement period are less likely to be included in the Met's collection.
    Keywords: Auctions; economics of art
    Date: 2015–07
  2. By: Alesina, Alberto (Harvard University); Giuliano, Paola (University of California, Los Angeles)
    Abstract: A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical, and historical bent to assess the presence of a two-way causal effect between culture and institutions.
    Keywords: culture, institutions
    JEL: P16 Z1
    Date: 2015–08
  3. By: Olivier Driessens
    Abstract: The concept of celebrity culture remains remarkably undertheorized in the literature, and it is precisely this gap that this article aims to begin filling in. Starting with media culture definitions, celebrity culture is conceptualized as collections of sense-making practices whose main resources of meaning are celebrity. Consequently, celebrity cultures are necessarily plural. This approach enables us to focus on the spatial differentiation between (sub)national celebrity cultures, for which the Flemish case is taken as a central example. We gain a better understanding of this differentiation by adopting a translocal frame on culture and by focusing on the construction of celebrity cultures through the ‘us and them’ binary and communities. Finally, it is also suggested that what is termed cultural working memory improves our understanding of the remembering and forgetting of actual celebrities, as opposed to more historical figures captured by concepts such as cultural memory.
    Keywords: celebrity culture; definition; space; memory; Flanders
    JEL: L91 L96
    Date: 2014–06
  4. By: Gabe, Todd; Lisac, Nicholas
    Abstract: This study examines the local economic impacts of popular music concerts held between 2010 and 2012 in Bangor, Maine. A regression analysis of the relationship between monthly taxable retail sales—e.g., restaurant and lodging sales—in the Bangor region and the number of attendees is used to estimate local spending per concertgoer on meals and accommodations. Results suggest that an estimated 29 to 31 percent of attendees spend the night in the local area, which is very similar to the share of concertgoers who travel more than two hours to attend shows. The local economic impacts of 41 popular music concerts—featuring artists such as Bob Dylan, Barenaked Ladies, Def Leppard, Jason Aldean, and Godsmack—between 2010 and 2012 is an estimated $30.7 million in output, a yearly average of 156 full-time and part-time jobs, and a combined $9.7 million in labor income.
    Keywords: Popular Music Concerts, Economic Impact Analysis, Taxable Retail Sales, Tourism
    JEL: R11 R15 Z11
    Date: 2013–10
  5. By: Ivaldi, Marc; Zhang, Jiekai
    Abstract: This paper studies the advertising competition in the French free TV broadcasting industry, following a decision of the French anti-trust authority on the acquisition of two channels by the most active media group of the sector. After specifying a structural model of oligopoly competition of free TVs, we identify the shape and magnitude of the feedback loop between TV viewers and advertisers using French market data from March 2008 to December 2013. We implement a simple procedure to test the market conduct of TV channels, and identify that the nature of competition is of Cournot type in this industry. Finally, based on a series of competitive analysis, we conclude that the approved acquisition has not significantly affected the industry's competitiveness, and that the implemented behavioral remedies seems to be efficient in protecting the consumer surplus.
    Keywords: Advertising, competition, media, TV, two-sided market, market conduct, behavioral remedies
    Date: 2015–05
  6. By: André Cipriani (LIPSOR - Laboratoire d'Innovation, Prospective Stratégique et ORganisation - Conservatoire National des Arts et Métiers [CNAM])
    Abstract: L’internationalisation des marchés et la diminution des frontières administratives participent à l’augmentation de la multiculturalité dans les entreprises. L’environnement instable et périodique d’un management interculturel dans les organisations participe à la périodicité du sujet en gestion. En relation avec les attentes ou susceptibilités des personnels, il convient de trouver des solutions permettant de renforcer l’interculturalité dans une culture d’entreprise forte. Les entreprises innovantes ou créatrices ont besoin de confrontations internes et recherchent l’atteinte d’une cohésion sociale porteuse. L’art dans cette optique constitue un outil pouvant participer aux pratiques interculturelles, proposition de cette communication.
    Date: 2014–05

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