Returns on Indian Art during 2000-2013

被引：3

作者：

Hawkins J.R. ^{[1
]}

Saini V. ^{[2
]}

机构：

[1] Department of Economics, Weatherhead School of Management, Case Western Reserve University, 10900 Euclid Avenue, Cleveland, 44106, OH

[2] Department of Economics, Oberlin College, 10 N. Professor Street, Oberlin, 44074, OH

来源：

Eastern Economic Journal | 2016年 / 42卷 / 2期

关键词：

art; auction; hedonic regression; India; price index;

D O I：

10.1057/eej.2015.39

中图分类号：

学科分类号：

摘要：

The market for modern Indian art is an emerging art market, having come into a proper existence only in the late 1990s. This market saw tremendous growth in its initial years, then a downturn that started around 2007-2008. Using data from auctions conducted by a major Indian art auctioneer, we estimate via hedonic regression a price index for paintings and drawings by Indian artists sold during 2000-2013. We are able to thus estimate a rate of return on Indian art as an investment and also shed light on what drives the price of a painting in the Indian market. © 2016 EEA.

引用

页码：302 / 310

页数：8

共 16 条

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