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dc.contributor.advisorO'Hagan, John
dc.contributor.authorMcAndrew, Clare
dc.date.accessioned2016-12-15T15:18:36Z
dc.date.available2016-12-15T15:18:36Z
dc.date.issued2002
dc.identifier.citationClare McAndrew, 'Trade and the international market for works of art', [thesis], Trinity College (Dublin, Ireland). Department of Economics, 2002, pp 297
dc.identifier.otherTHESIS 6641
dc.identifier.urihttp://hdl.handle.net/2262/78487
dc.description.abstractThis 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.format1 volume
dc.language.isoen
dc.publisherTrinity College (Dublin, Ireland). Department of Economics
dc.relation.isversionofhttp://stella.catalogue.tcd.ie/iii/encore/record/C__Rb12459912
dc.subjectEconomics, Ph.D.
dc.subjectPh.D. Trinity College Dublin
dc.titleTrade and the international market for works of art
dc.typethesis
dc.type.supercollectionthesis_dissertations
dc.type.supercollectionrefereed_publications
dc.type.qualificationlevelDoctoral
dc.type.qualificationnameDoctor of Philosophy (Ph.D.)
dc.rights.ecaccessrightsopenAccess
dc.format.extentpaginationpp 297
dc.description.noteTARA (Trinity’s Access to Research Archive) has a robust takedown policy. Please contact us if you have any concerns: rssadmin@tcd.ie


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