Opportunities for research in the broadcasting sector embrace both formal quantitative and more general descriptive approaches. This study mainly follows the latter course.
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.
Each art market shapes to its context. I look only at markets that shape around competitive choices of commitments by a group of producers who lie intermediary between the sources they craw upon and the buyers they deliver to. Today I apply to art markets an explicit model for profiles of commitments that can sustain flows from procurement side through the producers to the buyer side.