Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92393
Authors: 
Steiner, Lasse
Frey, Bruno S.
Resch, Magnus
Year of Publication: 
2013
Series/Report no.: 
Working Paper Series, University of Zurich, Department of Economics 135
Abstract: 
This paper analysis the global distribution of art collections and collectors' biases with respect to the origin of artworks. Employing a unique dataset we find that the greatest number of private art collections are located in Europe, North America and Asia. There are relatively few collections in Latin America and Africa. The artists whose oeuvres dominate the markets for collected art come from North America, followed by Asian and European artists. The home bias in private art collections turns out to be strong in all continents and countries. It is highest for Asian and African collections and smaller for European and North American collections. The home bias can partly be accounted for by high export and import restrictions.
Subjects: 
Art collection
home bias
trade restrictions
artists
JEL: 
Z11
F14
K20
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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