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Rethinking royalties: alternative payment systems on music streaming platforms J. Cult. Econ. (IF 2.464) Pub Date : 2024-03-02
Abstract Music streaming changed the recorded music industry’s business model from individual product sales to unlimited on-demand access subscriptions. The streaming platforms experienced strong growth during the 2010s and now drive most of the industry’s revenue, up to 90% in the most mature markets. Until recently, the payment system for rights holders had remained unchanged. Many industry stakeholders
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The values of cultural goods and cultural capital externalities: state of the art and future research prospects J. Cult. Econ. (IF 2.464) Pub Date : 2024-02-28 Trine Bille
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No such thing as a free movie? Cross-country evidence on the potential impact of AVOD streaming services J. Cult. Econ. (IF 2.464) Pub Date : 2024-02-27 Jordi McKenzie, Paul Crosby, Alan Collins, Thorsten Chmura
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Joke economics: the low profile of comedy in the economics of arts and culture J. Cult. Econ. (IF 2.464) Pub Date : 2024-02-23 Alan Collins
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The impact of COVID-19 on cultural and arts activities: evidence from a large-scale micro-level survey in South Korea J. Cult. Econ. (IF 2.464) Pub Date : 2024-02-20 Seonho Shin
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Do public libraries help mitigate crime? Evidence from Kansas City, MO J. Cult. Econ. (IF 2.464) Pub Date : 2023-12-21 Amir B. Ferreira Neto, Jennifer Nowicki, Shishir Shakya
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Health insurance access and the career choices of college graduates with majors in the arts: evidence from the affordable care act’s dependent coverage expansion J. Cult. Econ. (IF 2.464) Pub Date : 2023-12-14 Richard J. Paulsen, Rajendra Dulal
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Evaluating the quality of UNESCO World Heritage List: a comparison with the Baedeker’s guidebooks J. Cult. Econ. (IF 2.464) Pub Date : 2023-12-09 Martina Dattilo, Fabio Padovano
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Identifying outlier scores and outlier jurors to reduce manipulation in classical music competitions J. Cult. Econ. (IF 2.464) Pub Date : 2023-11-28 Krzysztof Kontek, Kevin Kenner
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The rule of tome? Longer novels are more likely to win literary awards J. Cult. Econ. (IF 2.464) Pub Date : 2023-10-19 Féidhlim P. McGowan
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The labor market returns of being an artist: evidence from the United States, 2006–2021 J. Cult. Econ. (IF 2.464) Pub Date : 2023-10-03 Christos A. Makridis
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Originality, influence, and success: a model of creative style J. Cult. Econ. (IF 2.464) Pub Date : 2023-09-22 Karol Jan Borowiecki, Caterina Adelaide Mauri
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Preference formation in demand for live theatre J. Cult. Econ. (IF 2.464) Pub Date : 2023-08-23 David Throsby, John R. Severn, Katya Petetskaya
In economics, the concept of preferences is fundamental to the theory of choice. In many demand analyses, preferences are taken as given, although interesting questions can be asked about how they originate. In this paper, we consider the formation of preferences in demand for live theatre. We propose a model where preferences are derived from certain identifiable types of experience gained from past
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Valuing European tapestry: from riches to rags J. Cult. Econ. (IF 2.464) Pub Date : 2023-08-11 Anne-Sophie V. Radermecker, Koenraad Brosens
To counteract the longstanding bias toward paintings, this paper offers a preliminary, diachronic exploration of the market for European tapestries. By combining qualitative and quantitative data from sales and collection inventories, historiographical sources, and secondary literature, we shed light on past and present valuation mechanisms for this once esteemed luxury good. First, we discuss the
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The global impact of public and private funding on cultural and economic movie success: evidence from German film funding J. Cult. Econ. (IF 2.464) Pub Date : 2023-08-06 Nicolas R. Weber, André Marchand, Reinhard E. Kunz
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The economics of art history J. Cult. Econ. (IF 2.464) Pub Date : 2023-07-19 Federico G. Etro, David W. Galenson
The study of art history has been traditionally focused on the description of artistic innovations, the role of the artists and the meaning of the artworks. It has often neglected the broader reasons why certain innovations took place in certain places, in specific times and in particular ways. We believe that the impact of institutional and economic factors has been critical in shaping the evolution
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Why the Impressionists did not create Impressionism J. Cult. Econ. (IF 2.464) Pub Date : 2023-07-06 Liesbeth De Strooper, Erwin Dekker
The Impressionist painters are often believed to have formed the first coherent avant-garde group to break with the establishment both stylistically and institutionally. Recent scholarship has, however, emphasized that they were not interested in collective recognition. We empirically analyze exhibition patterns and contemporary reception of the eight alternative exhibitions traditionally associated
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The impact of social media activities on theater demand J. Cult. Econ. (IF 2.464) Pub Date : 2023-06-26 Andrea Baldin, Trine Bille, Raghava Rao Mukkamala, Ravi Vatrapu
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Two old masters and a young genius: the creativity of Francis Bacon, Lucian Freud, and Jean-Michel Basquiat J. Cult. Econ. (IF 2.464) Pub Date : 2023-06-08 David W. Galenson, Simone Lenzu
Francis Bacon, Lucian Freud, and Jean-Michel Basquiat were key figures in the resurgence of expressive figurative painting in the late twentieth century. All three made personal visual art, drawing their subjects from among the people and things they cared most about. Yet they worked in very different ways, toward very different goals. This paper considers how their differing motivations and methods
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How Monet became a millionaire: the importance of the artist’s account books J. Cult. Econ. (IF 2.464) Pub Date : 2023-05-19 Simon Kelly
This essay explores Monet’s rise to great wealth, drawing on evidence provided by the artist’s three account books, housed in the Musée Marmottan Monet, Paris. Assimilating unpublished data, the essay charts Monet’s growing annual income as well as the increasing individual prices for his paintings. It argues for the central role of the artist’s serial painting process in his financial success. The
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For those about to rock… is stability a determinant of rock bands success? J. Cult. Econ. (IF 2.464) Pub Date : 2023-05-19 Etienne Farvaque
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Foreign pop-culture and backlash: the case of non-fan K-pop Subreddits during the pandemic J. Cult. Econ. (IF 2.464) Pub Date : 2023-04-07 Byunghwan Son
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Measuring nepotism and sexism in artistic recognition: the awarding of medals at the Paris Salon, 1850–1880 J. Cult. Econ. (IF 2.464) Pub Date : 2023-04-05 Claire Dupin de Beyssat, Diana Seave Greenwald, Kim Oosterlinck
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Student loan debt and the career choices of college graduates with majors in the arts J. Cult. Econ. (IF 2.464) Pub Date : 2023-03-16 Richard J. Paulsen
This study looks to test the impact of student loan debt on the career choices of college graduates with majors in the arts in the USA. As earnings are on average lower and more variable for arts graduates when compared to graduates of many other fields, I hypothesize that student loan debt will decrease the likelihood arts graduates will work in jobs related to their major fields of study. National
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Displacement and complementarity in the recorded music industry: evidence from France J. Cult. Econ. (IF 2.464) Pub Date : 2023-03-02 Marc Ivaldi, Ambre Nicolle, Frank Verboven, Jiekai Zhang
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Intermediary liability and trade in follow-on innovation J. Cult. Econ. (IF 2.464) Pub Date : 2023-02-12 Alexander Cuntz, Matthias Sahli
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Work satisfaction and job permanence in artistic careers: the case of musicians in Belo Horizonte, Brazil J. Cult. Econ. (IF 2.464) Pub Date : 2022-12-28 Jonas da Silva Henrique, Ana Flávia Machado, Mariangela Furlan Antigo
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Live and digital engagement with the visual arts J. Cult. Econ. (IF 2.464) Pub Date : 2022-12-26 Victoria Ateca-Amestoy, Concetta Castiglione
The cluster of innovations brought about by information and communication technology (ICT) is dramatically changing the ways in which the visual arts can be produced and consumed. By using the USA 2012 Survey of Public Participation in the Arts, we explore visual arts consumption through both onsite attendance at museums and electronic and digital media. To disentangle the complexity of the relationship
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How does urban violence impact choices of cultural participation? The case of the Maré favela complex in Rio de Janeiro J. Cult. Econ. (IF 2.464) Pub Date : 2022-12-02 Luisa Iachan, François Moreau, Paul Heritage, Leandro Valiati, Eliana Sousa Silva
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The “Great Lockdown” and cultural consumption in the UK J. Cult. Econ. (IF 2.464) Pub Date : 2022-11-17 Hasan Bakhshi, Salvatore Di Novo, Giorgio Fazio
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Reluctantly independent: motivations for self-employed artistic work J. Cult. Econ. (IF 2.464) Pub Date : 2022-11-09 Tal Feder, Joanna Woronkowicz
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Knocking on Hell’s door: dismantling hate with cultural consumption J. Cult. Econ. (IF 2.464) Pub Date : 2022-10-27 Daria Denti, Alessandro Crociata, Alessandra Faggian
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An empirical approach to measure unobserved cultural relations using music trade data J. Cult. Econ. (IF 2.464) Pub Date : 2022-08-18 Yuki Takara, Shingo Takagi
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Empirical evidence of anchoring and loss aversion from art auctions J. Cult. Econ. (IF 2.464) Pub Date : 2022-08-17 Kathryn Graddy, Lara Loewenstein, Jianping Mei, Mike Moses, Rachel A. J. Pownall
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Music preferences as an instrument of emotional self-regulation along the business cycle J. Cult. Econ. (IF 2.464) Pub Date : 2022-08-08 Juan de Lucio, Marco Palomeque
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The Eurovision Song Contest: voting rules, biases and rationality J. Cult. Econ. (IF 2.464) Pub Date : 2022-07-30 Victor Ginsburgh, Juan D. Moreno-Ternero
We analyze and evaluate the rules and results at the 2021 Eurovision Song Contest. We first concentrate on the various voting procedures and explore several alternatives (inspired by classical contributions in social choice and game theory) that could make a difference for the results. We also discuss other important issues, such as simplicity, contrast effects and whether experts are better judges
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The rise and fall and rise again of the contemporary art market J. Cult. Econ. (IF 2.464) Pub Date : 2022-07-22 Robert Jensen
This essay demonstrates how market prices for contemporary art flourished in the late nineteenth century, fell after 1900, and rose again in the 1960s. This discovery stands in contrast to previous twentieth-century art market studies, which have depended on the sales prices achieved by modernist and avant-garde artists. The artists who were financially successful before 1900 have been dismissed as
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Financing the cultural and creative industries through crowdfunding: the role of national cultural dimensions and policies J. Cult. Econ. (IF 2.464) Pub Date : 2022-06-18 Antonella Francesca Cicchiello, Serena Gallo, Stefano Monferrà
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New forms of finance and funding in the cultural and creative industries. Introduction to the special issue J. Cult. Econ. (IF 2.464) Pub Date : 2022-06-10 Ellen Loots, Diana Betzler, Trine Bille, Karol Jan Borowiecki, Boram Lee
This Special Issue seeks to address the perennial question of support options for the cultural and creative industries (exacerbated due to the impact of COVID-19) by bringing together articles that examine and explain various dynamics in CCI financing and funding. The articles in the Issue are diverse in their approaches, methods and data. They range from conceptual, qualitative, and case studies,
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Residual variance and asset pricing in the art market J. Cult. Econ. (IF 2.464) Pub Date : 2022-04-20 Jianping Mei, Michael Moses, Yi Zhou
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Uncovering potential barriers of using initial coin offerings to finance artistic projects J. Cult. Econ. (IF 2.464) Pub Date : 2022-04-08 Manuel Knott, Franz Strich, Kim Strunk, Anne-Sophie Mayer
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Starving the golden goose? Access to finance for innovators in the creative industries J. Cult. Econ. (IF 2.464) Pub Date : 2022-04-06 Salvatore Di Novo, Giorgio Fazio, Jonathan Sapsed, Josh Siepel
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Career challenges facing musicians in the United States J. Cult. Econ. (IF 2.464) Pub Date : 2022-03-09 Ying Zhen, Alan B. Krueger
This study describes and analyzes the challenges that musicians face in the United States, based on a survey of 1227 musicians, which was conducted in 2018 by the Music Industry Research Association and the Princeton University Survey Research Center, in partnership with MusiCares. It reveals that the average American musician earns income from three music-related activities per year, but for 61% of
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Eppur si muove: an evaluation of museum policy reform in Italy J. Cult. Econ. (IF 2.464) Pub Date : 2022-03-08 Maria Rosaria Alfano, Anna Laura Baraldi, Claudia Cantabene
This study evaluates the effectiveness of a novel cultural policy to recover the valorization function of Italian state museums by increasing managerial autonomy. The policy is part of the Franceschini reform, introduced in 2014, that concerns the governance of cultural institutions and was justified by the severe budget constraints resulting from economic crisis and a spending review. Given the staggered
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The art of crowdfunding arts and innovation: the cultural economic perspective J. Cult. Econ. (IF 2.464) Pub Date : 2022-02-28 Christian Handke, Carolina Dalla Chiesa
Crowdfunding is an innovation from the cultural sector that has found broad applications in other aspects of the economy. We document that cultural economics provides a refined structure to explain much of the crowdfunding phenomenon, which will be useful for any research on this topic. Based on central themes of cultural economics (including quality and demand uncertainty, socially interdependent
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From the Artist’s Contract to the blockchain ledger: new forms of artists’ funding using equity and resale royalties J. Cult. Econ. (IF 2.464) Pub Date : 2022-02-23 Lauren van Haaften-Schick, Amy Whitaker
Although the Artist’s Contract, first developed in 1971, was not broadly adopted in its early decades, renewed interest in it fifty years later has led to inventive related structures that are enabled by blockchain technology, in particular the phenomenon of NFT (non-fungible token) sales in art. We argue that the Contract’s conceptual roots have laid groundwork for a potentially powerful funding mechanism
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For a new cultural economics J. Cult. Econ. (IF 2.464) Pub Date : 2022-02-08 Federico Etro,Douglas Noonan
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Peter Tschmuck: The economics of music, 2nd edition J. Cult. Econ. (IF 2.464) Pub Date : 2022-02-07 Patrik Wikstrom
The music industry is a dynamic and complex phenomenon that provides ample opportunity for fruitful economic analysis. Music is regularly covered by studies on the economics of the wider cultural economy, but there are few books that focus exclusively on the economics of music. Peter Tschmuck’s “The economics of music” in 2017 is; however, one rare exception. The book is published by Agenda Publishing
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More is worse: the evolution of quality of the UNESCO World Heritage List and its determinants J. Cult. Econ. (IF 2.464) Pub Date : 2022-01-23 Dattilo, Martina, Padovano, Fabio, Rocaboy, Yvon
This paper empirically analyzes the evolution of the quality of the sites included in the UNESCO World Heritage List (WHL) from 1972 till 2016 and verifies how consideration of quality affects the conclusions of the literature about the politics of the WHL. The quality of a site is proxied by the number of criteria set by UNESCO that the site satisfies. The analysis shows that, under a fixed stock
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From Bilbao to Bodø: how cultural flagships are transforming local cultural life J. Cult. Econ. (IF 2.464) Pub Date : 2022-01-22 Storm, Hanna Nyborg
In recent years, we have seen large investments in spectacular buildings hosting cultural institutions, with the dual aim of facilitating culture and generating economic growth. This article raises the question of whether the investments have shifted the priorities of cultural policy, and sets out to investigate the effect of the establishment of 52 culture houses in Norwegian municipalities using
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Elisabetta Lazzaro, Nathalie Moureau, Adriana Turpin (Eds): Researching art markets. Past, present and tools for the future Routledge (Routledge Research in the Creative and Cultural Industries), Oxon, 2021 J. Cult. Econ. (IF 2.464) Pub Date : 2022-01-21 Anne-Sophie V. Radermecker
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Globalization and the rise of action movies in hollywood J. Cult. Econ. (IF 2.464) Pub Date : 2022-01-14 Leung, Tin Cheuk, Qi, Shi
This paper shows that Globalization contributes significantly to the rise of Action movies in Hollywood. Incorporating both the intensive and extensive margins in trade, this paper develops a structural model to allow movie-quality production heterogeneity across genres and countries. The paper finds that Hollywood studios respond to export-market expansion by tailoring their products to international
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Workers’ access to Swedish opera houses and concert halls, 1898–2019 J. Cult. Econ. (IF 2.464) Pub Date : 2021-11-29 Albinsson, Staffan
In this study ticket prices to Swedish opera houses and symphony orchestra concerts are compared to wages during the 1898–2019 period. Both wages and ticket prices have increased continuously. The same kind of policy objectives concerning social inclusion of disadvantaged groups that were established in the beginning of the twentieth century is still proclaimed. The most favourable ticket pricing policies
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Socio-economic and spatial determinants of municipal cultural spending J. Cult. Econ. (IF 2.464) Pub Date : 2021-11-07 Getzner, Michael
The determinants of the expenditure of Austrian municipalities for cultural affairs are ascertained in a panel time series framework. The Austrian municipalities spend about € 93 per capita a year for cultural affairs (approximately 4% of the total municipal expenditure). The econometric estimations revealed that the size of the municipality, and various socio-economic, fiscal and political variables
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Specialization and the firm in Renaissance Italian art J. Cult. Econ. (IF 2.464) Pub Date : 2021-11-02 Piano, Ennio E.
Renaissance Italian painters are among the most innovative and consequential artists in human history. They were also successful managers and business owners, always in search of commissions for their workshops. Indeed, their ability as managers and entrepreneurs was just as important as their talent for painting. This paper develops a framework to understand the organization of the production of paintings—frescoes
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Women artists: gender, ethnicity, origin and contemporary prices J. Cult. Econ. (IF 2.464) Pub Date : 2021-10-21 LeBlanc, Abigail, Sheppard, Stephen
Women account for slightly more than half of persons who identify some version of visual artist as their occupation in the USA, and account for slightly less than half of the recipients of MFA degrees. Despite this, works by female artists constitute approximately 7% of the works offered for sale at global auction houses. The works sell for substantially lower prices, with unadjusted discounts in mean
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Arts, Entrepreneurship, and Innovation J. Cult. Econ. (IF 2.464) Pub Date : 2021-10-15 Woronkowicz, Joanna
There is growing interest in the relationships between the arts, entrepreneurship and innovation. Nevertheless, the concepts of arts, entrepreneurship, and innovation, and the overlaps between, lack specificity, especially in terms of how each supports the other. This article proposes a definition of art entrepreneurship both as a concept and a field of study. The definition proposed helped target
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First impression biases in the performing arts: taste-based discrimination and the value of blind auditioning J. Cult. Econ. (IF 2.464) Pub Date : 2021-09-08 Droege, Jasmin
I develop a game-theoretic framework to study the repercussions of an evaluator’s bias against a specific group of applicants. The evaluator decides upfront between holding an informed or a blind audition. In the latter, the evaluator learns neither the applicant’s ability nor the gender. I show that, above a threshold bias, the evaluator prefers a blind audition to provide high effort incentives exclusively
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Arts majors and the Great Recession: a cross-sectional analysis of educational choices and employment outcomes J. Cult. Econ. (IF 2.464) Pub Date : 2021-09-08 Paulsen, Richard J.
This study uses American Community Survey data to examine the impact of the Great Recession on college graduates majoring in the arts. Arts graduates play important roles in an economy, through both artistic creation and in careers outside of the arts. While the Great Recession took a significant toll on the US economy generally, arts majors faced additional vulnerabilities as industries that rely
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Diana S. Greenwald: Painting by numbers—data-driven histories of nineteenth-century art, Princeton University Press, 2021 J. Cult. Econ. (IF 2.464) Pub Date : 2021-08-08 Laura Pagani