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| Tekijä: | Brooks, A.C. |
| Otsikko: | Do people really care about the arts for future generations? |
| Lehti: | Journal of Cultural Economics
2004 : NOV, VOL 28:4, p. 275-284 |
| Asiasana: | Arts Culture Subsidies Models USA |
| Kieli: | eng |
| Tiivistelmä: | It is argued that public art contains an element of bequest value: value derived by people today from the expected enjoyment of the art by future generations (henceforth as: fut-gens). This paper investigates the existence of this claimed benefit (here as: b-fit / b-fits). An intergenerational model of the b-fits. from government subsidies and private charitable gifts to the arts is employed. It is empirically fitted using 1996 U.S. General Social Survey data. The data analysis suggests that people take their life expectancies into account to some extent when giving to the arts or supporting government arts spending. Indeed, the hypothesis that people do not consider fut-gens. in their current support for the arts can not be rejected. |
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