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on Cultural Economics |
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Issue of 2024‒05‒13
four papers chosen by Roberto Zanola, Università degli Studi del Piemonte Orientale |
| By: | Leogrande, Angelo |
| Abstract: | in the following article I analyze the trend of cultural and creative employment in the Italian regions between 2004 and 2022 through the use of ISTAT-BES data. After presenting a static analysis, I also present the results of the clustering analysis aimed at identifying groupings between Italian regions. Subsequently, an econometric model is proposed for estimating the value of cultural and creative employment in the Italian regions. Finally, I compare various machine learning models for predicting the value of cultural and creative employment. The results are critically discussed through an economic policy analysis. |
| Keywords: | ovation, Innovation and Invention, Management of Technological Innovation and R&D, Technological Change, Intellectual Property and Intellectual Capital |
| JEL: | O30 O31 O32 O33 O34 |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:120603&r=cul |
| By: | Salvaggio, Salvino A. PhD |
| Abstract: | This brief note explores the transformative potential of robotic and virtual conductors in enhancing orchestral performances, highlighting their role as innovative tools that complement human creativity and reshape management strategies within the music industry. |
| Date: | 2024–04–07 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:29az5&r=cul |
| By: | Alice Fabre (AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique, AMU - Aix Marseille Université, CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | What does the American movie industry tell us about the economic role of Wall Street and the perception of the stock market over time? Through a substantial corpus of American films from the 20c. and 21c, this article illustrates how, in three distinct periods, Hollywood has been able to stage finance and contribute to the myth of Wall Street. A minor subject until the 1980s, these years have seen the appearance of financial blockbusters with the rise of the financialization of the economy. The subprime crisis renews the genre, questioning the place of the stock market and the ethics of traders. |
| Abstract: | Que nous dit l'industrie cinématographique américaine sur le rôle économique de Wall Street et la perception de la bourse dans le temps ? À travers un corpus conséquent de films américains du XXe et XXIe siècles, cet article illustre comment, en trois périodes distinctes, Hollywood a pu mettre en scène la finance et contribuer au mythe de Wall Street. Sujet mineur jusque dans les années 1980, ces années ont vu l'apparition de blockbusters financiers avec la montée en puissance de la financiarisation de l'économie. La crise des subprimes renouvelle le genre, questionnant la place de la bourse et l'éthique des traders. |
| Keywords: | Wall Street, Finance, Movies, Ethics, Traders, Cinéma, Ethique, Economie |
| Date: | 2023–04–27 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04524565&r=cul |
| By: | Wojciech Hardy (University of Warsaw); Michał Krawczyk (University of Warsaw; Group for Research in Applied Economics (GRAPE); Group for Research in Applied Economics (GRAPE); University of Warsaw; Institute of Labor Economics (IZA)) |
| Abstract: | The widespread Internet ``piracy'' continues to fuel the debate about business models impervious to copyright infringement. We studied the displacement effects of ``piracy'' on sales in the book industry. We conducted a year-long large-scale field experiment: in the treatment group, we removed unauthorized copies appearing on the Internet and observed the sales data, whereas in the control group, we simply observed sales. We were able to substantially curb the unauthorized distribution, which resulted in a small, positive effect on sales. While using classical analysis we found it not to be significantly different from zero, a Bayesian approach using previous ``piracy'' studies to generate a prior led to the conclusion that protecting from piracy resulted in a significant sales boost of about 9 percent. |
| Keywords: | digital piracy, copyright infringement, sales displacement, books, field experiment |
| JEL: | C93 D12 K42 L82 O34 |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:fme:wpaper:93&r=cul |