| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7124 |
| DP7124 Business Cycles in the Euro Area | |
| Lucrezia Reichlin; Domenico Giannone; Michele Lenza | |
| 发表日期 | 2009-01-23 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | The Droit de Suite, known in the UK as Artists? Resale Rights, provides an artist with the inalienable right to receive a royalty based on the resale price of an original work of art. This paper provides an empirical analysis of actual changes in the UK auction market for art that is subject to the Droit de Suite (DDS), relative to changes for art not subject to the DDS, and also relative to changes in the auction markets for art in countries where there has been no change in law. We do a difference-in-difference analysis, differencing price growth and sales growth across market segments and across countries over the period 1996 to 2007. Our results suggest that the introduction of the DDS has not had a negative impact on the UK art auction market. |
| 主题 | Industrial Organization |
| 关键词 | Art Artists resale rights Auction Droit de suite |
| URL | https://cepr.org/publications/dp7124 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535961 |
| 推荐引用方式 GB/T 7714 | Lucrezia Reichlin,Domenico Giannone,Michele Lenza. DP7124 Business Cycles in the Euro Area. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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