nep-cul New Economics Papers
on Cultural Economics
Issue of 2016‒07‒16
seven papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale

  1. Researching song titles, product cycles and copyright in published music: problems, results and data sources By Ruth Towse; Hyojung Sun
  2. Culture on top: Beyond museification and culture-led regeneration of industrial heritage By Maria Lusiani; Fabrizio Panozzo
  3. Performing Art Consumption and the Artistic Benefit: A new dimension for engaging customers in performing arts By Francesco Casarin; Fabio Marzella
  4. Cultural Assimilation during the Age of Mass Migration By Ran Abramitzky; Leah Platt Boustan; Katherine Eriksson
  5. Media bias in women's magazines: Do advertisements influence editorial content? By Pannicke, Julia
  6. Achieving the American Dream: Cultural Distance, Cultural Diversity and Economic Performance By Valeria Rueda; Guillaume Laval; Etienne Patin
  7. Market power and media revenue allocation in professonal sports: The case of formula one By Budzinski, Oliver; Müller-Kock, Anika

  1. By: Ruth Towse (CIPPM, Bournemouth University and CREATe (University of Glasgow)); Hyojung Sun (CIPPM, Bournemouth University and University of Edinburgh)
    Abstract: The purpose of this Working Paper is to pass on our experience of research on song titles and product cycles in UK music publishing which was intended to provide evidence of the impact of copyright in a market. The Working Paper relates to the article ‘Economics of Music Publishing: Copyright and the Market’, published in the Journal of Cultural Economics, 2016. The context of the research was a project on copyright and business models in music publishing that was part of the AHRC funded project: the ‘Economic Survival in a Long Established Creative Industry: Strategies, Business Models and Copyright in Music Publishing’. By collecting data on the product cycles of a sample of long-lasting song titles and trying to establish changes in the product cycle as the copyright regime changed we had hoped to produce empirical evidence on the effect changes in the copyright regime, such as term extension, or to those in copyright management organisations. For a variety of reasons, this proved impossible to do (at least in the UK) and the Working Paper explains what we think were the reasons. It may also serve as a possible warning to others attempting the same thing. The paper also suggests that previous research that did not consider the ambiguities of ‘a song title’ may be flawed.
    Keywords: Song titles, product cycles, copyright
    JEL: Z11 Z18 L88
    Date: 2016–06
  2. By: Maria Lusiani (Dept. of Management, Università Ca' Foscari Venice); Fabrizio Panozzo (Dept. of Management, Università Ca' Foscari Venice)
    Abstract: This paper intends to critically explore the discourses and practices of regeneration of industrial heritage, examining how and to what extent a variety of notions of industrial heritage have been brought to bear on the plans and the practices enacted in the re-definition of the use of industrial sites. The general context is the one of the move from the industrial to the post-industrial society, entailing a growing abandonment of industrial areas and a parallel increasing awareness of the value of these sites, as testimony of some past material and immaterial culture and as spaces with potential for new forms of contemporary production. The paper thus reconstruct a typology of the main discourses and practices relating to industrial heritage re-uses, and concludes discussing the place of culture in these discourses and practices, the implications of the dominant discourses and practices, together with the need to move onto another view of the place and the shape of culture in and around industrial heritage sites.
    Keywords: industrial heritage, regeneration, heritage management
    JEL: M1
    Date: 2016–04
  3. By: Francesco Casarin (Dept. of Management, Università Ca' Foscari Venice); Fabio Marzella (Dept. of Management, Università Ca' Foscari Venice)
    Abstract: .
    Keywords: artistic benefit; arts marketing; artistic experience; value co-creation; audience empowerment; performing arts.
    JEL: M40
    Date: 2016–06
  4. By: Ran Abramitzky; Leah Platt Boustan; Katherine Eriksson
    Abstract: Using two million census records, we document cultural assimilation during the Age of Mass Migration, a formative period in US history. Immigrants chose less foreign names for children as they spent more time in the US, eventually closing half of the gap with natives. Many immigrants also intermarried and learned English. Name-based assimilation was similar by literacy status, and faster for immigrants who were more culturally distant from natives. Cultural assimilation affected the next generation. Within households, brothers with more foreign names completed fewer years of schooling, faced higher unemployment, earned less and were more likely to marry foreign-born spouses.
    JEL: J15 N32
    Date: 2016–07
  5. By: Pannicke, Julia
    Abstract: Existing theoretical and empirical studies on Media Bias are subjects of controversial discussions in the literature. However, scientific literatures on Media Bias establish empirical evidence for a positive impact of advertising volume on media coverage. To get in line with the debated literature about whether biases occur, this economic paper presents an empirical analysis of a possible (commercial) Media Bias influenced by advertising expenditure in monthly women´s magazines. The results of a linear panel model regression, a panel poisson regression, as well as those of a panel negative binomial regression model show that there is a positive correlation with the amount of advertising expenditure on the coverage of a company that purchased advertisements on the women's magazines in Germany. A positive correlation between advertising volume and the nomination as well as prize winning of (cosmetic) products could also be found.
    Keywords: media bias,advertisement,advertising volume,coverage,two-sided markets
    Date: 2015
  6. By: Valeria Rueda (Sciences Po and Pembroke College, Oxford); Guillaume Laval (Institut Pasteur); Etienne Patin (Institut Pasteur)
    Abstract: This article explores the role of individual cultural distance on income, using the genetic distance as a proxy for cultural distance. We show that cultural distance has heterogeneous predictive power.In particular, culturally distant individuals living in regions with other individuals from more trusting ancestries or less xenophobic ones are more likely to be economically successful. First generation migrants seem to be less likely to success the more culturally distant they are, but this e?ect vanishes as time spent in the USA increases. Our research challenges the static view that cultural di?erences are necessarily an obstacle to economic performance in the long-run. Our interpretation of the results is robust to the use of alternative measures for cultural distance.
    Keywords: Cultural Distance, Cultural Diversity, Genetics, Historical Persistence, Labor Participation, Social Capital.
    JEL: J61 N30 O15 Z13
    Date: 2016–02–22
  7. By: Budzinski, Oliver; Müller-Kock, Anika
    Abstract: Recent allegations from participants of the FIA Formula One World Championship (F1) suggest that the promoter of F1 (possibly together with the sports association) violates European competition law in two ways. First, it alleged-ly abuses its market power by deducting an inappropriate high share from the rev-enues of the collective sale of media rights in order to boost the profits of its pri-vate equity parent company (vertical allocation of media revenue). Second, it alleg-edly forms a cartel with selected top teams at the detriment of smaller teams by providing both unjustified extra payments to these teams and enforcing a heavily biased horizontal allocation of media revenues, benefitting the cartel teams. Pro-fessional sports championships typically receive common revenue, for instance, from trademark rights and marketing, but often also from the sale of broadcasting and other media rights. This common revenue needs to be allocated in two ways: (i) vertical allocation between the sports authority and the participants, and (ii) hor-izontal allocation among the participants. Different professional sports champion-ships employ vastly differing schemes for both types of allocation. In this paper, we present an empirical assessment whether the current antitrust allegations against F1 may be valid. We employ concentration measures from empirical economics, like the Hirshman-Herfindahl-Index (HHI), the concentration ratio and the standard de-viation in order to assess different allocation schemes from different commercial sports. With the help of these indices we show that the allocation scheme em-ployed in F1 considerably differs from such used in other professional sports championships. We find the empirical picture to be consistent with an anticompetitive interpretation of F1 media revenue structures and policies. We conclude that there is merit in starting an in-depth antitrust investigation of Formula One motor racing, which would also represent an opportunity for the European Commission to cor-rect earlier mistakes.
    Keywords: competition,antitrust,abuse of market power,sports economics,formula one motor racing,sports business,media revenue,football
    JEL: K21 L12 L40 L83 Z20
    Date: 2016

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