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Author:Evans, G. L.
Title:The economics of the national performing arts - exploiting consumer surplus and willingness-to-pay: a case of cultural policy failure?
Journal:Leisure Studies
1999 : APR, VOL. 18:2, p. 97-118
Index terms:Leisure
Culture
Dramatic art
Price level
Freeterms:Cultural policy
Performing arts
Language:eng
Abstract:This paper examines the trends in performance, ticket prices and audiences for the major subsidized performing arts companies in England in 1986-1996. The analysis shows that these major companies have increased ticket prices and box office revenue, effectively exploiting audience willingness-to-pay, but have not generally increased audiences or their output in terms of the number of performances and productions staged. Analysis presents a paradoxical case of economic 'success' but cultural policy 'failure'.
SCIMA record nr: 187851
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