Munich Personal RePEc Archive

La Economía del Arte bajo la óptica de la Teoría General del Costo

Asuaga, Carolina and Peombo, Carina (2004): La Economía del Arte bajo la óptica de la Teoría General del Costo. Published in: XXVII Congreso del IAPUCO. (November 2004)

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Abstract

The objective of the paper is linking the concepts expressed by Arts Economics or Cultural Economics, with microeconomics and General Cost´s Theory. Processes that use as input works of art are analyzed from a theoretical point of view. As societies evolve, a greater proportion of individuals' income goes to consumption of cultural products, which has led to growth and diversification of the available supply of these types of products. It is shown that the product or service who satisfy needs through culture, is a production process, and therefore, the same premises as "industrial" processes are valid. The analysis of the process is done from the framework of the General Cost Theory, considering both a technical and an economic approach.

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