Estudios de Economía Aplicada ISSN: 1133-3197
[email protected] Asociación Internacional de Economía Aplicada España SEAMAN, BRUCE A. Cultural Economics: The State of the Art and Perspectives Estudios de Economía Aplicada, vol. 27, núm. 1, abril, 2009, pp. 7-32 Asociación Internacional de Economía Aplicada Valladolid, España Available in: http://www.redalyc.org/articulo.oa?id=30117097001 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative E STUDIOS DE E CONOMÍA A P L I C A D A V OL. 27-1 2009 P ÁGS. 7-32 Cultural Economics: The State of the Art and Perspectives BRUCE A. SEAMAN Andrew Young School of Policy Studies Department of Economics GEORGIA STATE UNIVERSITY e-mail:
[email protected] ABSTRACT The intellectual development of cultural economics has exhibited some notable similarities to the challenges faced by researchers pioneering in other areas of economics. While this is not really surprising, previous reviews of this literature have not focused on such patterns. Specifically, the methodology and normative implications of the field of industrial organization and antitrust policy suggest a series of stages identified here as foundation, maturation, reevaluation, and backlash that suggest a way of viewing the development of and controversies surrounding cultural economics. Also, the emerging field of sports economics, which already shares some substantive similari- ties to the questions addressed in cultural economics, presents a pattern of development by which core questions and principles are identified in a fragmented literature, which then slowly coalesces and becomes consolidated into a more unified literature that essentially reconfirms and extends those earlier core principles.