The lost value for users of cultural institutions during the COVID-19 pandemic: a life satisfaction approach

Baldin, Andrea; Bille, Trine

doi:10.1007/s12232-023-00418-7

Cited by 3 publications

(1 citation statement)

References 41 publications

(52 reference statements)

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“…Another recent study includes a longitudinal analysis of ‘happiness’ data during COVID-19 in Italy [ 15 ], and a panel-based study of the effects of the pandemic on livelihoods in Côte d’Ivoire [ 16 ]. Specific aspects of SWB (e.g., work-life balance satisfaction), both cultural and economic, have also been studied [ 17 , 18 ]. Drivers of SWB, such as physical activity and financial satisfaction [ 19 ], have also begun to be studied in greater detail in specific regional contexts and populations (e.g., adolescents in Canada [ 20 ]).…”

Section: Introductionmentioning

confidence: 99%

Quantifying COVID-19 policy impacts on subjective well-being during the early phase of the pandemic: A cross-sectional analysis of United States survey data from March to August 2020

Shen,

Kejriwal

2023

PLoS ONE

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To stop the spread of COVID-19, a number of public health policies and restrictions were implemented during the pre-vaccination phase of the pandemic. This study provides a quantitative assessment of how these policies impacted subjective well-being (SWB) in the United States over a 6-month period spanning March to August 2020. We study two specific research objectives. First, we aim to quantify the impacts of COVID-19 public health policies at different levels of stringency on SWB. Second, we train and implement a conditional inference tree model for predicting individual SWB based both on socio-demographic characteristics and policies then in place. Our results indicate that policies such as enforcing strict stay-at-home requirements and closing workplaces were negatively associated with SWB, and that an individual’s socio-demographic characteristics, including income status, job, and gender, conditionally interact with policies such as workplace closure in a predictive model of SWB. Therefore, although such policies may have positive health implications, they also have secondary environmental and social implications that need to be taken into account in any cost-benefit analysis of such policies for future pandemic preparedness. Our proposed methodology suggests a way to quantify such impacts through the lens of SWB, and to further advance the science of pandemic preparedness from a public health perspective.

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Section: Introductionmentioning

confidence: 99%

Quantifying COVID-19 policy impacts on subjective well-being during the early phase of the pandemic: A cross-sectional analysis of United States survey data from March to August 2020

Shen,

Kejriwal

2023

PLoS ONE

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The values of cultural goods and cultural capital externalities: state of the art and future research prospects

Bille

2024

J Cult Econ

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Cultural economics has largely looked toward environmental economics and used non-market valuation techniques such as contingent valuation to estimate the total economic value of cultural goods. These methods are well suited to the valuation of cultural heritage goods, where the benefits are mostly related to the level of supply and mainly take the form of existence and bequest values. This stands in contrast to cultural institutions such as theatres, libraries, exhibitions, and concerts, where the value is produced, when the goods are consumed. For this type of cultural goods, I suggest that cultural economics rather turn to find inspiration in the economics of education. The value of schooling can be divided into private returns and social returns (human capital externalities). Likewise, the value of cultural consumption can have a private and a public component, where I suggest labeling the public component cultural capital externalities. The idea is that when private consumption of arts and culture is taking place, the individual will accumulate cultural capital. This accumulated cultural capital can impact other people (e.g., through changed behavior, future decisions or interactions) and create externalities, i.e., the cultural capital externalities. The size of the externalities is expected to increase (or decrease) with the level of consumption. Without the consumption by the users, no externalities are produced. While this is one of the most fundamental arguments for cultural policy, it has not yet been extensively studied within cultural economics.

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“Missing out on culture—or not: Danes and Finns’ cultural participation, the pandemic, and cultural policy measures”

Myrczik

Heikkilä

Kristensen

et al. 2022

NKT

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The lost value for users of cultural institutions during the COVID-19 pandemic: a life satisfaction approach

Cited by 3 publications

References 41 publications

Quantifying COVID-19 policy impacts on subjective well-being during the early phase of the pandemic: A cross-sectional analysis of United States survey data from March to August 2020

Quantifying COVID-19 policy impacts on subjective well-being during the early phase of the pandemic: A cross-sectional analysis of United States survey data from March to August 2020

The values of cultural goods and cultural capital externalities: state of the art and future research prospects

“Missing out on culture—or not: Danes and Finns’ cultural participation, the pandemic, and cultural policy measures”

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