An empirical study of Florida nonprofit arts organizations.
This thesis contains an empirical study of nonprofit cultural organizations in the state of Florida. Transcendental and Cobb Douglas functions are compared for a sample of 76 organizations. The organizations produce under conditions of decreasing returns to scale and both labor and capital are employed in amounts beyond the point where their marginal revenue products equal their input prices. Labor is disaggregated between artists and adjuvants, with the former functioning as essential to production and the latter not being essential to production.
Authors: | Lu, Yu Hua. |
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Institutions: | Florida Atlantic University |
Subject: | Theory |
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