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Author:Throsby, D.
Title:An artist production function: theory and an application to Australian visual artists
Journal:Journal of Cultural Economics
2006 : MAR. VOL. 30:1, p. 1-14
Index terms:arts
Australia
creativity
output
production functions
Language:eng
Abstract:This article presents a production function for artistic output in which quantity and quality of output are specified as joint products from the inputs of labour and capital provided by individual artists. The authors develop a model by specifying the quantity of creative and commercial output and the quality of a creative output as a function of inputs of labour time and of physical and human capital. The model is estimated for a sample of practising professional visual artists and craftspeople in Australia.
SCIMA record nr: 261989
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