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The drowned and the saved: the determinants of success in the Italian temporary art and cultural exhibitions market

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Abstract

This paper develops an empirical analysis of the determinants of the length of temporary art and cultural exhibitions. Using a sample of 659 exhibitions that took place in Italy in the period 2001–2010, a generalized linear model with a logit link and the binomial family was estimated. We also focus on the subsample of prolonged exhibitions, using a logistic accelerated failure time model. The empirical evidence supports the relevance of the subject, location and timing of the exhibition on duration; however, differences in the estimated impact of explanatory variables seem to suggest alternative marketing strategies for prolonged exhibitions.

Original languageEnglish
Pages (from-to)201-211
Number of pages11
JournalJournal of Cultural Economics
Volume42
Issue number2
DOIs
Publication statusPublished - 1 May 2018

Keywords

  • Art market
  • Duration models
  • Italy
  • Temporary exhibitions

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