Geschichte und Politökonomie deutscher Theatersubventionen
History and Political Economy of Public Subsidies for German Theatres and Operas
MPRA Paper from University Library of Munich, Germany
Public theatres and operas in Germany currently receive an annual funding of 2 – 2,5 billion Euros by the German Laender and municipalities. The presented monograph shows that this special kind of cultural subsidy can be traced back to the Late Middle Ages, and that theatres and operas have always been subsidized for political reasons. Employing a panel data set, the empirical analysis also demonstrates clearly that since German reunification, a higher propor-tion of center-right party members in the Laender parliaments entails higher subsidies for theatres and operas. In addition, a classical political budget cycle can be observed, with higher subsidies being granted in election years.
Keywords: Public Subsidies for Theatres and Operas; Political Economy; Political Budget Cycle; Cultural Economics; German Economic History (search for similar items in EconPapers)
JEL-codes: D72 H72 Z11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:85087
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