nep-cul New Economics Papers
on Cultural Economics
Issue of 2017‒04‒09
four papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale

  1. CultureBank: A New Paradigm for Community Investment By Douglas, Penelope; Erickson, David J.
  2. Video games as cultural participation: understanding games playing in England using the Taking Part survey By Borowiecki, Karol J.; Bakshi, Hasan
  3. Can Television Reduce Xenophobia? The Case of East Germany By Lars Hornuf; Marc Oliver Rieger
  4. How free admittance affects charged visits to museums: An analysis of the Italian case By Cellini, Roberto; Cuccia, Tiziana

  1. By: Douglas, Penelope (CultureBank); Erickson, David J. (Federal Reserve Bank of San Francisco)
    Abstract: Building on the concept of creative placemaking, this paper presents an idea for a Community Development Financial Institution organized around art: CultureBank. Housed at Yerba Buena Center for the Arts, this nonprofit bank will specialize in unleashing asset value in art collections and focus on artists as borrowers, or Artist-Entrepreneurs.
    Date: 2017–03–28
  2. By: Borowiecki, Karol J. (Department of Business and Economics); Bakshi, Hasan (Nesta)
    Abstract: This study addresses the important and recurring question of whether playing video games is detrimental to the socio-economic development of a person. It does this by using novel data from the Taking Part Survey in England to establish whether games playing is associated with particular socio-economic characteristics and/or other forms of cultural participation. The results do not indicate any obviously negative effects of video games playing: those who play are typically better educated and wealthier, and games players are also more likely than non-games players to participate in other forms of culture, especially through active participation. These findings are reinforced when comparing the characteristics of individuals who did and did not play video games when younger.
    Keywords: Cultural participation; consumer economics; video games; taste
    JEL: D12 J29 R12 Z11
    Date: 2017–03–28
  3. By: Lars Hornuf; Marc Oliver Rieger
    Abstract: Can television have a mitigating effect on xenophobia? To examine this question, we exploit the fact that individuals in some areas of East Germany – due to their geographic location – could not receive West German television until 1989. We conjecture that individuals who received West German television were exposed more frequently to foreigners and thus have developed less xenophobia than people who were not exposed to those programs. Our results show that regions that could receive West German television were less likely to vote for right-wing parties during the national elections from 1998 to 2013. Only recently, the same regions were also more likely to vote for left-wing parties. Moreover, while counties that hosted more foreigners in 1989 were also more likely to vote for right-wing parties in most elections, we find counties that recently hosted more foreign visitors showed less xenophobia, which is in line with intergroup contact theory.
    Keywords: Mass media, Television, Xenophobia, Attitudes towards foreigners, East Germany, Natural experiment
    JEL: D72 L82 P30
    Date: 2017
  4. By: Cellini, Roberto; Cuccia, Tiziana
    Abstract: This paper aims to evaluate whether and how the free admittance to museums and monuments affects the charged visits. We take the Italian state museums and monuments as the case study, and we consider monthly data, aggregate at the national level, from January 1996 to December 2015. Within a multivariate analysis approach, which takes into account the seasonal structure of time series, we document a positive influence of the number of free visitors upon the subsequent number of paying visitors. We also analyse the effect of the change in free admission policy, which has recently occurred in Italy: since July 2014 free admission is no longer reserved to specific segments of population, but it has been extended to all visitors on the first Sunday of each month. We show that this new rule has entailed an increase in both free and charged visits. Our present results can be relevant in the current political debate in Italy, in front of new rules concerning free admission to museums. More in general, we provide pieces of evidence that can be informative in the ever-green debate about free attendance to museum and its relations with individual choices and public policies concerning cultural consumption.
    Keywords: Museums, Free attendance, Cultural consumption, Seasonal time series.
    JEL: C22 Z11
    Date: 2017–04–03

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