Entry of painters in the Amsterdam market of the golden age
We analyze the evolution of the price of paintings in the XVII century Amsterdam art market to test a hypothesis of endogenous entry: higher profitability should attract more entry of painters, which in turn should lead to artistic innovations and more intense competition. We build a price index for the representative painting inventoried in Dutch houses through hedonic regressions controlling for characteristics of the paintings (size, genre, placement in the house), the owners (job, religion, value of the collection, size of the house) and the painters. After a peak at the beginning of the c... Mehr ...
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Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2015 |
Verlag/Hrsg.: |
Pisa: Scuola Superiore Sant'Anna
Laboratory of Economics and Management (LEM) |
Schlagwörter: | ddc:330 / Z11 / N0 / D4 / Art market / Endogenous entry / Dutch Golden Age / Hedonic prices / VAR analysis |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28639404 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/119849 |