Arbeitspapier

Home is where your art is: The home bias of art collectors

This paper analysis the global distribution of art collections and collectors' biases with respect to the origin of artworks. Employing a unique dataset we find that the greatest number of private art collections are located in Europe, North America and Asia. There are relatively few collections in Latin America and Africa. The artists whose oeuvres dominate the markets for collected art come from North America, followed by Asian and European artists. The home bias in private art collections turns out to be strong in all continents and countries. It is highest for Asian and African collections and smaller for European and North American collections. The home bias can partly be accounted for by high export and import restrictions.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 135

Klassifikation
Wirtschaft
Cultural Economics: Economics of the Arts and Literature
Empirical Studies of Trade
Regulation and Business Law: General
Thema
Art collection
home bias
trade restrictions
artists

Ereignis
Geistige Schöpfung
(wer)
Steiner, Lasse
Frey, Bruno S.
Resch, Magnus
Ereignis
Veröffentlichung
(wer)
University of Zurich, Department of Economics
(wo)
Zurich
(wann)
2013

DOI
doi:10.5167/uzh-85620
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Steiner, Lasse
  • Frey, Bruno S.
  • Resch, Magnus
  • University of Zurich, Department of Economics

Entstanden

  • 2013

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