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Emerging art markets

Emerging Markets Review, 2010
This paper analyzes the performance and risk-return characteristics of three major emerging art markets: Russia, China, and India. According to three national art market indices, built by hedonic regressions based on auction sales prices, the geometric annual returns are 10.00%, 5.70%, and 42.20% for Russia (1985-2008), China (1990-2008), and India ...
Kraussl, R.G.W., Logher, R.
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Modern art market: art, economics, marketing

Uchenyy Sovet (Academic Council), 2021
The article is devoted to the analysis of the market mechanism in the field of art, as well as the influence of the market on the development of mass taste and aesthetic mainstream. The author demonstrates that the market price for works of art is an indicator in which all the numerous factors of the art market, both aesthetic and economic, including ...
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Art Markets without Art, Art without Objects

The Garage Journal, 2021
The art world was already experiencing a profound crisis before the COVID-19 pandemic, but the discourse until that point had largely focused more on the hopelessness of the situation, rather than the possibility for meaningful change. The massive market disruption caused by the virus outbreak created an immediate shift away from consumption of ...
Taylor, J., Sloane, K.
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COMMODIFYING ART: ART MARKET AND ART MARKETING

2023
There are two important and equally famous debates in the art world that have been going on for years: Art is for art and art is for society. It is possible for art to be for both society and art, when the artist/producer meets with the art lover/consumer in an artistic environment/market and creates value for the parties.
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