Arts and Culture

Borowiecki, Karol Jan; Greenwald, Diana Seave

doi:10.1007/978-3-030-00181-0_31

Cited by 7 publications

(1 citation statement)

References 56 publications

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“…While our focus is on a liberalization of artistic policy that has not been studied in the economic literature, our work relates to multiple strands of research. At a preliminary level, it belongs to the recent interdisciplinary literature on the economic determinants of artistic creativity (Hulst, 2017;Borowiecki and Greenwald, 2018), including works by Galenson (2006Galenson ( , 2007Galenson ( , 2009 on the careers of artists, David et al (2014) on the role of art dealership, Borowiecki (2015Borowiecki ( , 2017 on the origins of cultural supply and the creativity of music composers, Etro (2018), Etro and Stepanova (2015); Etro andPagani (2012, 2013), Etro andStepanova (2016, 2017) on a Schumpeterian approach to artistic creativity. Our contribution is to show that centralized and decentralized organizations of the art market can affect differently the reward of artistic innovations.…”

Section: Introductionmentioning

confidence: 99%

Liberalizing Art: Evidence on the Impressionists at the End of the Paris Salon

2018

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We analyze the art market in Paris between the government-controlled Salon as a centralized organization for art exhibition and the post-1880 system when the Republican government liberalized art exhibitions. The jury of the old Salon decided on submissions with a bias toward conservative art of the academic insiders, erecting entry barriers against outsiders as the Impressionists. With a di¤erence-in-di¤erence estimation, we provide evidence that the end of the government-controlled Salon contributed to start the increase of the prices of the Impressionists relative to the insiders.

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