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on Cultural Economics |
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Issue of 2023‒01‒02
four papers chosen by Roberto Zanola Università degli Studi del Piemonte Orientale |
| By: | Chandra, Raj; Moschini, Giancarlo; Lade, Gabriel E.; Moschini, GianCarlo |
| Abstract: | A systematic component of wine quality is believed to depend on the geo-climatic factors of its production conditions. This belief has long been a motivation for the development of geographical indications for wines. In the United States, American Viticulture Areas (AVAs) represent the most common geographic factor firms use to differentiate their products. In this paper, we estimate a discrete choice model of US wine demand to study the market and welfare impact of AVAs. Specifically, we develop a two-level nested logit choice model, featuring many wine products and characteristics--including wine type, brands, and varietals, in addition to AVAs--and estimate it using Nielsen Consumer Panel data over the 2007-2019 period. We find significant welfare gains from AVA information on wine labels. Over the period of interest, the welfare gain attributable to AVAs is estimated at about $2.37 billion, with wine producers and retailers capturing approximately 80% of this surplus. Approximately 90% of consumer welfare gains are due to product differentiation and increased variety, with the remaining gains due to price decreases resulting from increased product competition. |
| Date: | 2022–02–22 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genstf:202202221402290000&r=cul |
| By: | Papathanasopoulos, Athanasios; Varoutas, Dimitris |
| Abstract: | The paper examines the competition between traditional TV and Video OTT platforms in Greece. The niche theory has been adopted in order to measure users' gratification fulfilled by TV and OTTs, the competition superiority of each media and the similarity of those two media across seven aspects of gratification. An online survey conducted during first months of 2022 and 355 total feedbacks has been collected. Video OTTs score higher in six dimensions of gratification than TV, except financial benefit. Regarding niche overlap, results show that those media share close levels of similarity in information, ease of use and convenience. OTT's exceed TV in five dimensions of gratification. The highest score on the overall findings of competition superiority is in relaxation, while TV exceeds in financial benefit and information. |
| Keywords: | media platform,media competition,niche analysis,OTT |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:itse22:265664&r=cul |
| By: | Kehinde Ogunsanya; Dumebi Efoobi |
| Abstract: | The Nigerian Government invest so much in sports facility and the development of infrastructure but lack good maintenance culture to preserve the lives and fabrics of these infrastructure. In many sport facilities across the nation, there has been little or no adoption of a proactive facility maintenance culture. In such situations there is a risk that the facility deteriorates more rapidly than expected, leading to expensive maintenance and repair charges. Some of the reasons adduced to poor maintenance culture in sports facility in Nigeria are lack of fund and total negligence. So much emphasis is placed on aesthetics and infrastructures such that the maintenance takes the back seat. This study examines maintenance culture adopted for Moshood Abiola Stadium in Abuja, Nigeria from the perspective of facility management. The study further assesses the economic values loss as a result of poor maintenance culture on this facility. The study adopts the use of a structured questionnaire that explains the significance of good maintenance culture in sport-related facility. Findings were validated and supported by case study projects. This research equally recommended ways of improving the maintenance culture in Moshood Abiola Stadium with the view of maximizing return on investment in sport facility in Nigeria. |
| Keywords: | Facility Management; Maintenance; Maintenance Culture; Moshood Abiola Stadium; Sport Facility |
| JEL: | R3 |
| Date: | 2022–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:afr:wpaper:2022-016&r=cul |
| By: | Reutin Mikhail (Russian Presidential Academy of National Economy and Public Administration) |
| Abstract: | German-Austrian cultural studies at the turn of the 20th and 21st centuries are characterized by a "new interest" in medieval preaching. If earlier it was studied by theology, literary criticism, linguistics and history as a document fixing the status quo, the existing state of affairs in a particular area - ethical norms, genre features, functioning features (pragmatics), grammatical forms and evidence of events - now preaching explored in its orientation to the future, as a genre within which promising models of behavior are developed. |
| Keywords: | medieval sermon |
| Date: | 2021–01 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:s21036&r=cul |