Home bias in domestic art markets: Evidence from China

Yang Shi, Hui Xu, Mancang Wang and Paul Conroy

Economics Letters, 2017, vol. 159, issue C, 201-203

Abstract: Using a large art auction dataset from mainland China, we examined whether investors exhibited a home bias in the domestic art market. The results show that, with all else being equal, artworks auctioned in the artist’s home cities tend to have higher prices.

Keywords: Home bias; Art investment; Chinese art (search for similar items in EconPapers)
JEL-codes: D44 G11 Z11 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517303385
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:159:y:2017:i:c:p:201-203

DOI: 10.1016/j.econlet.2017.08.015

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().