nep-cul New Economics Papers
on Cultural Economics
Issue of 2017‒04‒30
three papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale

  1. The Implicit Value of Arts Experts: the Case of Klaus Ertz and Pieter Brueghel the Younger By Anne-Sophie Radermecker; Victor Ginsburgh; Denni Tommasi
  2. Competitiveness of Heritage Sites: a comparison between Scuola Grande della Misericordia in Venice and Oude Kerk in Amsterdam By Camilla Ferri
  3. Determinantes de la participación en artes escénicas en Medellín, Colombia By Luz Yadira Gómez Hernández; Nora Elena Espinal Monsalve

  1. By: Anne-Sophie Radermecker; Victor Ginsburgh; Denni Tommasi
    Abstract: Pieter Brueghel the Younger (c. 1564/65 – 1637/38) is a well-known painter who reproduced the works of his celebrated father Pieter Bruegel the Elder (c. 1525/30-1569). We collected the sales of his original works as well as those from his atelier and followers over the period 1972-2015 and compare the prices of two categories of works: his autograph works, and all others, whether partly autograph or untouched by him. Confusion among the types was floating around, since the same compositions exist in many versions and dimensions, and were probably even executed by different painters. In 1997-1998, the German independent art historian Klaus Ertz curated a large itinerant exhibition in four European countries dedicated to Pieter the Younger. At the time, it was known that he was working on a catalogue raisonné (CR) of the painter to which he referred substantially, though it came out in 2000 only. We use difference-in-differences estimation to establish that the exhibitions and the information concerning the catalogue had a significant effect on the prices of autograph works. Though we cannot judge whether Ertz’s attributions are right or not, it seems that buyers started feeling more confident, since they were ready to pay roughly 60 percent more for works considered autograph after the late 1990s.
    Keywords: diff-in-diffs identification; prices; Brueghel family; exhibitions; catalohue raisonné
    JEL: C59 Z11
    Date: 2017–04
  2. By: Camilla Ferri (Dept. of Management, Università Ca' Foscari Venice)
    Abstract: The presence of outstanding cultural assets is not always a synonym of tourism and local development. This means that the competitiveness of a destination or a site is also related to other factors, which have been studied and gathered within respective theoretical frameworks by different researchers, focusing the urban destination (Van den Berg, Van der Borg, Van der Meer, 1995), the site level (Jansen-Verbeke, 2012), and the relationship between heritage conservation and tourist use (McKercher, Du Cros, 2002). In the present paper, these three different models have been applied to two cases: Scuola Grande della Misericordia in Venice and Oude Kerk in Amsterdam. Two flexible spaces, recently restored, they are both important on the community level for their past function and modern adaptive re-use. Results demonstrate the usefulness of the models in offering an operative tool to evaluate the site on its own, but also their limits in a network destination governance perspective: thus they open to models integrations and future research in this domain.
    Keywords: Destination governance, heritage site, competitiveness, sustainability.
    JEL: L11 L83
    Date: 2017–05
  3. By: Luz Yadira Gómez Hernández; Nora Elena Espinal Monsalve
    Abstract: Una de las características más relevantes del hombre contemporáneo es su creciente consumo cultural. Este trabajo analiza los determinantes de la participación en espectáculos de artes escénicas en Medellín, Colombia, a través de la estimación de modelos de elección discreta para la participación y la frecuencia de participación, utilizando los micro datos de la Encuesta de Calidad de Vida de Medellín para el año 2014. Los resultados indican que el nivel de educación y las restricciones de tiempo son los principales determinantes de la asistencia a estos eventos.
    Keywords: Artes escénicas; calidad de vida; participación cultural; modelos de elección discreta.
    JEL: C25 Z11 Z18
    Date: 2016–06–30

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