Matches in SemOpenAlex for { <https://semopenalex.org/work/W2218901291> ?p ?o ?g. }
- W2218901291 endingPage "260" @default.
- W2218901291 startingPage "233" @default.
- W2218901291 abstract "This study uses international trade data to discern whether fine art is, on average, more an investment or a consumption good. Using a battery of novel measures, the chapter demonstrates that the flows of services embodied by visual artworks most closely resemble consumption services. A stylized prediction of the permanent income hypothesis is that consumption demand increases with rises in permanent income and the demand for investment increases with rises in temporary income. We find that international shipments of art are strongly correlated with trade in consumer goods, with the income of destination countries, and specifically with the permanent component of income changes. In contrast, there is little indication that art demand responds to temporary income shocks or that it even moves in tandem with other investments, implying that the investment motive for purchasing art is relatively weak." @default.
- W2218901291 created "2016-06-24" @default.
- W2218901291 creator A5011191685 @default.
- W2218901291 date "2014-01-01" @default.
- W2218901291 modified "2023-09-27" @default.
- W2218901291 title "Investment in Visual Art: Evidence from International Transactions" @default.
- W2218901291 cites W113402557 @default.
- W2218901291 cites W1511563666 @default.
- W2218901291 cites W1514545105 @default.
- W2218901291 cites W1525347360 @default.
- W2218901291 cites W1561115350 @default.
- W2218901291 cites W1576526482 @default.
- W2218901291 cites W1591278497 @default.
- W2218901291 cites W1865720771 @default.
- W2218901291 cites W1993930778 @default.
- W2218901291 cites W2022314986 @default.
- W2218901291 cites W2031962405 @default.
- W2218901291 cites W2037931431 @default.
- W2218901291 cites W2052795645 @default.
- W2218901291 cites W2085591763 @default.
- W2218901291 cites W2130257183 @default.
- W2218901291 cites W2263474614 @default.
- W2218901291 cites W3082241546 @default.
- W2218901291 cites W3121217586 @default.
- W2218901291 cites W3121837500 @default.
- W2218901291 cites W3123900594 @default.
- W2218901291 doi "https://doi.org/10.1016/b978-0-444-53776-8.00010-6" @default.
- W2218901291 hasPublicationYear "2014" @default.
- W2218901291 type Work @default.
- W2218901291 sameAs 2218901291 @default.
- W2218901291 citedByCount "1" @default.
- W2218901291 countsByYear W22189012912019 @default.
- W2218901291 crossrefType "book-chapter" @default.
- W2218901291 hasAuthorship W2218901291A5011191685 @default.
- W2218901291 hasConcept C139719470 @default.
- W2218901291 hasConcept C144024400 @default.
- W2218901291 hasConcept C145236788 @default.
- W2218901291 hasConcept C162324750 @default.
- W2218901291 hasConcept C17744445 @default.
- W2218901291 hasConcept C183582576 @default.
- W2218901291 hasConcept C18547055 @default.
- W2218901291 hasConcept C194425066 @default.
- W2218901291 hasConcept C199539241 @default.
- W2218901291 hasConcept C21547014 @default.
- W2218901291 hasConcept C27548731 @default.
- W2218901291 hasConcept C2777011217 @default.
- W2218901291 hasConcept C2778348673 @default.
- W2218901291 hasConcept C2778813691 @default.
- W2218901291 hasConcept C30772137 @default.
- W2218901291 hasConcept C36289849 @default.
- W2218901291 hasConcept C38935604 @default.
- W2218901291 hasConcept C556758197 @default.
- W2218901291 hasConcept C8031360 @default.
- W2218901291 hasConcept C94625758 @default.
- W2218901291 hasConceptScore W2218901291C139719470 @default.
- W2218901291 hasConceptScore W2218901291C144024400 @default.
- W2218901291 hasConceptScore W2218901291C145236788 @default.
- W2218901291 hasConceptScore W2218901291C162324750 @default.
- W2218901291 hasConceptScore W2218901291C17744445 @default.
- W2218901291 hasConceptScore W2218901291C183582576 @default.
- W2218901291 hasConceptScore W2218901291C18547055 @default.
- W2218901291 hasConceptScore W2218901291C194425066 @default.
- W2218901291 hasConceptScore W2218901291C199539241 @default.
- W2218901291 hasConceptScore W2218901291C21547014 @default.
- W2218901291 hasConceptScore W2218901291C27548731 @default.
- W2218901291 hasConceptScore W2218901291C2777011217 @default.
- W2218901291 hasConceptScore W2218901291C2778348673 @default.
- W2218901291 hasConceptScore W2218901291C2778813691 @default.
- W2218901291 hasConceptScore W2218901291C30772137 @default.
- W2218901291 hasConceptScore W2218901291C36289849 @default.
- W2218901291 hasConceptScore W2218901291C38935604 @default.
- W2218901291 hasConceptScore W2218901291C556758197 @default.
- W2218901291 hasConceptScore W2218901291C8031360 @default.
- W2218901291 hasConceptScore W2218901291C94625758 @default.
- W2218901291 hasLocation W22189012911 @default.
- W2218901291 hasOpenAccess W2218901291 @default.
- W2218901291 hasPrimaryLocation W22189012911 @default.
- W2218901291 hasRelatedWork W1015548667 @default.
- W2218901291 hasRelatedWork W2044102396 @default.
- W2218901291 hasRelatedWork W2109549843 @default.
- W2218901291 hasRelatedWork W2130963877 @default.
- W2218901291 hasRelatedWork W2414666299 @default.
- W2218901291 hasRelatedWork W2485457700 @default.
- W2218901291 hasRelatedWork W2923389353 @default.
- W2218901291 hasRelatedWork W2943340810 @default.
- W2218901291 hasRelatedWork W2962740739 @default.
- W2218901291 hasRelatedWork W2986434748 @default.
- W2218901291 hasRelatedWork W3043680621 @default.
- W2218901291 hasRelatedWork W3122660498 @default.
- W2218901291 hasRelatedWork W3123867756 @default.
- W2218901291 hasRelatedWork W3124177984 @default.
- W2218901291 hasRelatedWork W3124269292 @default.
- W2218901291 hasRelatedWork W3124744293 @default.
- W2218901291 hasRelatedWork W3125716391 @default.
- W2218901291 hasRelatedWork W3125736743 @default.
- W2218901291 hasRelatedWork W3126935107 @default.
- W2218901291 hasRelatedWork W3182627739 @default.
- W2218901291 isParatext "false" @default.