Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18043 
Year of Publication: 
2002
Series/Report no.: 
DIW Discussion Papers No. 307
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
This paper is an attempt to provide evidence on two questions: Why do companies sponsor art events, and where exactly does the money go? We analyse data collected on the revenue structure of cultural institutions in Berlin and Hamburg. This data set not only tells us where the money goes, it also allows us to draw conclusions with respect to donors' motives. We regress sponsorships received on the number of visitors and other independent variables. The results are significantly different from those which one would expect if sponsoring were merely a form of advertising.
JEL: 
Z1
C24
H4
Document Type: 
Working Paper

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