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Cultural Economics

Hardback

Cultural Economics

The Arts, the Heritage and the Media Industries

9781858983837 Edward Elgar Publishing
Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK
Publication Date: 1997 ISBN: 978 1 85898 383 7 Extent: 1,440 pp
These volumes contain a spread of influential articles on economic issues arising in all aspects of the cultural sector – the performing and creative arts, (including the art market); the heritage (museums and monuments) and the media industries (film, TV, recording etc.). Cultural economics, including in this term the economics of the arts, has developed steadily over the last thirty years, with a literature that is theoretical, empirical and institutional. Some of the most prominent economists have written on subjects in this field – Coase, Baumol, Peacock, Robbins, Scitovsky, West and it is now being developed by their successors, of whom Frey and Throsby are the best established.

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Critical Acclaim
Contributors
Contents
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These volumes contain a spread of influential articles on economic issues arising in all aspects of the cultural sector – the performing and creative arts, (including the art market); the heritage industry (museums and monuments) and the media industry (film, TV, recording etc.). Cultural economics, including in this term the economics of the arts, has developed steadily over the last thirty years, with a literature that is theoretical, empirical and institutional. Some of the most prominent economists have written on subjects in this field – Coase, Baumol, Peacock, Robbins, Scitovsky, West and it is now being developed by their successors, of whom Frey and Throsby are the best established.
Critical Acclaim
‘Ruth Towse’s new Edward Elgar set is indispensable – it runs two volumes, covers nearly 1400 pages, and reproduces most of the seminal articles in cultural economics. Towse’s selection of articles deserves an A+. . . . they are a must for any cultural economist.’
– Tyler Cowen, Journal of Cultural Economics

‘These two volumes should prove very useful to students and others wishing to become acquainted with the defining papers and main themes of Cultural Economics.’
– Martin Ricketts, The Economic Journal
Contributors
82 articles, dating from 1959 to 1996
Contributors include: O. Ashenfelter, W.J. Baumol, M. Blaug, R. Coase, B.S. Frey, L. Robbins, S. Rosen, T. Scitovsky, D. Throsby, E. West
Contents
Contents: Volume I: Introduction Part I: Overture Part II: Tastes and Taste Formation Part III: Demand Studies Part IV: Supply: The Performing Arts Part V: Supply: Museums and the Heritage Part VI: Supply: The Media Industries Part VII: The Art Market • Volume II: Part I: Economic History of the Arts Part II: Artists’ Labour Markets Part III: Baumol’s Cost Disease Part IV: Non-Profit Organizations in the Arts Part V: Public Subsidy for the Arts: Why? Theoretical Arguments Part VI: Public Subsidy for the Arts: How Much? Part VII: Public Subsidy for the Arts: How? Means to Achieve the Ends Part VIII: Economic Impact of the Arts
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