Is the Cost Disease Contagious? Or How to Complement Baumol’s Model The Case of French Ancient Music Ensembles
نویسنده
چکیده
This paper aims at completing traditional explanations of the origins of the deficit of performing arts institutions. Based on the study of early music revival in France, it shows that the usual ways to explain the transmission of “costs disease” are not sufficient. A model is proposed to complement Baumol’s law, combining two hypothesis: the growing deficit of music ensembles follows their professionalization; their deficit is explained by their embeddedness in two markets (musicians’ labour market and the market for concerts) in which they have to face competition with subsidized institutions.
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