The Arts: Not Just Artists (and vice versa): New Methodological Approaches towards Understanding the Economic Composition of Arts
Using a three-tiered data approach, we look at the relationship between artistic occupations and artistic industries on both the national and regional level. We then compare the thirty largest metro areas.
Chicago Music City compares the strength and vitality of music industries and scenes across the United States. Sociologists, urban planners, and real-estate developers point to quality of life and availability of cultural amenities as important indicators of the health and future success of urban areas.
Artistic activity is a major and varied contributor to economic vitality. We suggest that the productivity of and earnings in a regional economy rise as the incidence of artists within its boundaries increases, because artists’ creativity and specialized skills enhance the design, production and marketing of products and services in other sectors. They also help firms recruit top-rate employees and generate income through direct exports of artistic work out of the region.
In this update of our 2003 study, The Artistic Dividend: The Hidden Contributions of the Arts to the Regional Economy, we explore the results of the 2000 Census to update our depiction of artistic prowess city by city, expanding our analysis to the twenty-nine largest U.S. metros. We confirm the tendency for different metros to specialize in artistic suboccupations.
The focus of this paper is the failure to consider the severity of supply capacity constraints in the local economy that may generate as much as 100 percent crowding out or displacement of one type of visitor spending by another type of visitor spending.