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Cultural and economic value: A (p)review

Francesco Angelini () and Massimiliano Castellani ()
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Massimiliano Castellani: Department of Economics, University of Bologna, Italy; The Rimini Centre for Economic Analysis, Italy

Working Paper series from Rimini Centre for Economic Analysis

Abstract: The concept of value in cultural economics has been one of the main topic of study in the last years, focusing on the distinction between economic and cultural value and on how these two values interact one with the other. However, a review of these studies lacks in literature, together with a scheme which represents the relationships between the cultural good's and the artist’s characteristics: this is what we propose in our paper, presenting a review of the cultural economics literature and then representing the above-mentioned relationships, as a preview of what we think could be the direction of the analysis of this issue.

Keywords: cultural good; cultural value; economic value; talent; fame (search for similar items in EconPapers)
JEL-codes: Z11 (search for similar items in EconPapers)
Date: 2017-04, Revised 2018-01
New Economics Papers: this item is included in nep-cul
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Handle: RePEc:rim:rimwps:17-10