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The focus of this article is to apply a Cobb Douglas production function for the theater, offering information about the production process of an industry that is publicly sustained. This application concludes that there are no increasing returns, and therefore there is no reason to believe that...
Persistent link: https://www.econbiz.de/10014165989
The production structure for the performing arts is complicated by a number of factors making it difficult to estimate production technologies using a theoretical framework built for standard applications. However, understanding the nature of production and the way in which decisions are made by...
Persistent link: https://www.econbiz.de/10005132986
This paper estimates a demand function for orchestras in Germany and in the process provides estimates of the impact of various determinants of demand for live orchestral music. Price and income are shown to be highly significant as are the quality factors included. The price elasticity is...
Persistent link: https://www.econbiz.de/10010684141
The purpose of this paper is to test the sensitivity of theatre attendance in Germany to a number of unique output characteristics of the performing arts, as well as the usual economic variables of price and income. This is made possible by the availability of an exceptionally rich data set...
Persistent link: https://www.econbiz.de/10008784852
Estimar una función de producción Cobb Douglas para el teatro, que ofrezca información sobre el proceso productivo de un sector que se sostiene con apoyos públicos, es el objeto de este trabajo. Con esta estimación se concluye que no existen rendimientos crecientes, luego no existen razones...
Persistent link: https://www.econbiz.de/10010763798
There are several striking peculiarities of the arts labor market that have attracted the attentions of researchers in the last several decades: first is constant long run excess supply of arts labor; second, artists are more likely to be multiple-job-holders than other professions; third,...
Persistent link: https://www.econbiz.de/10010322365
The essay deals with the issue of urban circularity understood as a subset of the Circular Economy paradigm, highlighting potential and limits of an emerging new model spreading on a global scale. The critical reasoning starts from a very recent production of institutional documents and the...
Persistent link: https://www.econbiz.de/10012419731
In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if – in contrast to the standard model – the...
Persistent link: https://www.econbiz.de/10013426350
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10010481659
Commercial Land Use and Interjurisdictional Competition
Persistent link: https://www.econbiz.de/10011528082