We analyze the art market in Paris between the government-controlled Salon and the post-1880 system, when the Republican government liberalized art exhibitions. The jury of the old Salon decided on submissions with a bias in favor of conservative art of the academic insiders, erecting entry barriers against outsiders as the Impressionists. With a difference-in difference estimation, we provide evidence that the end of the government-controlled Salon contributed to start the price increase of the Impressionists relative to the insiders.

Etro, F., Marchesi, S., & Stepanova, E. (2020). Liberalizing art. Evidence on the Impressionists at the end of the Paris Salon. EUROPEAN JOURNAL OF POLITICAL ECONOMY, 62 [10.1016/j.ejpoleco.2020.101857].

Liberalizing art. Evidence on the Impressionists at the end of the Paris Salon

Etro, F
;
Marchesi, S
;
2020

Abstract

We analyze the art market in Paris between the government-controlled Salon and the post-1880 system, when the Republican government liberalized art exhibitions. The jury of the old Salon decided on submissions with a bias in favor of conservative art of the academic insiders, erecting entry barriers against outsiders as the Impressionists. With a difference-in difference estimation, we provide evidence that the end of the government-controlled Salon contributed to start the price increase of the Impressionists relative to the insiders.
Articolo in rivista - Articolo scientifico
Scientifica
Art market; Liberalization; Impressionism
English
Etro, F., Marchesi, S., & Stepanova, E. (2020). Liberalizing art. Evidence on the Impressionists at the end of the Paris Salon. EUROPEAN JOURNAL OF POLITICAL ECONOMY, 62 [10.1016/j.ejpoleco.2020.101857].
Etro, F; Marchesi, S; Stepanova, E
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/10281/258765
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