dc.contributor.advisor | O'Hagan, John | |
dc.contributor.author | McAndrew, Clare | |
dc.date.accessioned | 2016-12-15T15:18:36Z | |
dc.date.available | 2016-12-15T15:18:36Z | |
dc.date.issued | 2002 | |
dc.identifier.citation | Clare McAndrew, 'Trade and the international market for works of art', [thesis], Trinity College (Dublin, Ireland). Department of Economics, 2002, pp 297 | |
dc.identifier.other | THESIS 6641 | |
dc.identifier.uri | http://hdl.handle.net/2262/78487 | |
dc.description.abstract | This research analyses the forces shaping trade in the international market for works of art using both descriptive and econometric analysis. It also explores the institutional structure of the art trade specialising in the regulatory and policy framework of the EU art market. Although art trade takes place on arguably one of the most internationalised markets, and although it exhibits a number of interesting features warranting special attention, the economic research on trade in art has up to now been minimal. This thesis addresses this gap in the literature by comprehensively describing and analysing the international art market, the EU art market, and the centre of trading art in Europe, the UK. It recognises at the outset that works of art differ substantially from other goods due to a number of features: they are unique, heterogeneous, and have no close substitutes; they are portable, storable, and durable consumer goods, and financial assets at the same time; their value often increases over time; they are collectable items and often displayed or exhibitioned privately or publicly; and a large majority of trade takes place between art consumers on secondary markets rather than primary sales between the artist and final consumer. Because of these different features, one would expect the trade in works of art to be governed by different forces than trade in other goods. Gravity analysis is used to examine the forces affecting both international and EU art trade and to show how they do indeed differ from trade in other goods. | |
dc.format | 1 volume | |
dc.language.iso | en | |
dc.publisher | Trinity College (Dublin, Ireland). Department of Economics | |
dc.relation.isversionof | http://stella.catalogue.tcd.ie/iii/encore/record/C__Rb12459912 | |
dc.subject | Economics, Ph.D. | |
dc.subject | Ph.D. Trinity College Dublin | |
dc.title | Trade and the international market for works of art | |
dc.type | thesis | |
dc.type.supercollection | thesis_dissertations | |
dc.type.supercollection | refereed_publications | |
dc.type.qualificationlevel | Doctoral | |
dc.type.qualificationname | Doctor of Philosophy (Ph.D.) | |
dc.rights.ecaccessrights | openAccess | |
dc.format.extentpagination | pp 297 | |
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