Has Baumol's Cost Disease disappeared in the performing arts?
Identifieur interne : 001021 ( Main/Exploration ); précédent : 001020; suivant : 001022Has Baumol's Cost Disease disappeared in the performing arts?
Auteurs : Bruno S. Frey [Suisse]Source :
- Ricerche Economiche [ 0035-5054 ] ; 1996.
Descripteurs français
- Wicri :
- topic : Arts du spectacle.
English descriptors
- KwdEn :
- Teeft :
- Academic press, Arts festivals, Arts institutions, Baumol, Baumol baumol, Cambridge university press, Capital costs, Concert houses, Conventional venues, Corporate sponsors, Cost advantages, Cost disease, Cultural economics, Economic analysis, Empirical evidence, Festival, Festival directors, Festival organizers, Frey, Frey pommerehne, Income elasticity, Labour, Labour productivity, Lower growth, Lower growth rate, Many cases, Many festivals, Merin burdick, Musical festivals, Opera house, Opera houses, Other hand, Performance events, Pommerehne, Price elasticity, Rapid growth, Recording companies, Salzburg, Salzburg festival, Same time, Secular threat, Such festivals, Supply side, Trade union intervention, Traditional venues, Unit labour cost, Unit labour costs, Venue, Wage rates, Wexford opera festival, York university press.
Abstract
According to Baumol's Cost Disease unit labour costs in the performing arts regularly increase because the wage rates rise more quickly than labour productivity, resulting in a secular threat to survival. In contrast, musical festivals have boomed. Festivals cater particularly well for tourists endowed with steadily increasing incomes. Festivals have prospered because they hire artists and other staff at low marginal cost and evade the restrictions imposed by government and unions. They therefore produce more efficiently and attract more sponsors. The “innnovation” of festivals overcomes Baumol's Disease while it remains virulent in the conventional venues.
Url:
DOI: 10.1006/reco.1996.0011
Affiliations:
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Le document en format XML
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In contrast, musical festivals have boomed. Festivals cater particularly well for tourists endowed with steadily increasing incomes. Festivals have prospered because they hire artists and other staff at low marginal cost and evade the restrictions imposed by government and unions. They therefore produce more efficiently and attract more sponsors. The “innnovation” of festivals overcomes Baumol's Disease while it remains virulent in the conventional venues.</div></front></TEI><affiliations><list><country><li>Suisse</li></country><region><li>Canton de Zurich</li></region><settlement><li>Zurich</li></settlement><orgName><li>Université de Zurich</li></orgName></list><tree><country name="Suisse"><region name="Canton de Zurich"><name sortKey="Frey, Bruno S" sort="Frey, Bruno S" uniqKey="Frey B" first="Bruno S." last="Frey">Bruno S. Frey</name></region></country></tree></affiliations></record>Pour manipuler ce document sous Unix (Dilib)
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