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Study On The Mechanism Of Art Pricing

Posted on:2019-11-22Degree:DoctorType:Dissertation
Country:ChinaCandidate:X H ZhangFull Text:PDF
GTID:1365330551450129Subject:Law and Economics
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Over the past few decades,the global economy has undergone several major integrations.By this huge force,different cultures also collide with each other.With the deepening of this economic integration and cultural collision,the world's political,economy and culture hasbeen changed significantly.In this form,the new pattern of economic development has caused people to rethink the culture and social system,many countries and regions are facing the social restructuring and transformation.To this end,many people hope that the use of cultural mitigation would solve the problems and smooth the process of global economic integration.Economy and culture are mutual foundation in the process of globalization.With the rapid development of economy,culture has also been profoundly affected.This these attempts to analyze the forming mechanism of art price from the four angles of macroscopic,microcosmic,art's own attribute and legal regulation.The author adopted quantitative research methodaoly.We used regression and structural equation model to analyize the factors effecting the formulation mechanism of the arts andpainting works.The study of macro-factors shows that the influence of macro-economic development on the price of art is significant,in particular,the level of economy development and the broad money supply have a positive effect on the price of art,while the influence of price level,interest rate and exchange rate on art prices is negative.From the micro-analysis point of view,the consumer's self-identity demand,hedonic demand and investment demand have a significant impact on the price of art,and the impact of these three are positive.From the legal system,the impact of basic laws and regulations on the art market is very significant,and the price of art will change significantly with the enactment and revision of the basic laws and regulations.The impact of the art market-related management approach on the art market varies depending on the management approach.From the system aspect,the effect of the system related to the art transaction tax is remarkable,and the influence of other systems is not significant.Research on the properties of art shows that artists have a significant impact on the price of art,there is a significant difference between the prices of the works of different artists,whether there is a label on the art to represent the artist also has a significant impact on the price of art,and there is a marked higher price of art auction than no label From the auction properties of works of art,auction houses have a significant impact on the price of art,there are great differences in the prices of artworks auctioned by different auction houses,while the area where the auction is held has no significant effect on the price of art,that is,the auction of artworks in different regions The year of the art auction has a very significant positive impact on the auction price of the artwork,that is,the price of the recently auctioned art is significantly higher than the price of the artwork previously auctioned.And judging by the nature of the art itself,the size of the artwork has a significant impact on the auction price of the artwork,the larger the artwork,the higher the auction price,and the effect of the art material on the price of the artwork is very significant,the different materials of art,the price of a great difference;Different types of art,the price of a very significant difference,the creation of art works of art prices have a significant negative impact,that is,the longer the creation of the age,the higher the price of art.
Keywords/Search Tags:Art pricing, Macro factors, Micro factors, Art attribute, legal system
PDF Full Text Request
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