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http://dx.doi.org/10.5762/KAIS.2015.16.5.3155

The analysis of socio-economic determinants of demanders for cultural performance  

Lee, Joo-Suk (Division of International Trade and Economics, Korea Maritime and Ocean University)
Kwak, Seung-Jun (Department of Economics, Korea University)
Cho, Seung-Kuk (Division of Business Administration)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.16, no.5, 2015 , pp. 3155-3161 More about this Journal
Abstract
This paper attempts to analyze the socio-economic determinants of demanders for cultural performance. To take into account zero responses (no expenditure or no experience for cultural performance, this paper employed a two-equation model and tobit model. the results of this study can be obtained the following conclusion. The demands of performing arts tend to be increased to people as they were younger, women, more earned and higher educated. In addition, the income is inelastic to demand. And after a certain age (peak age), the demand is increased.
Keywords
cultural performance; socio-economic determinants; two-equation model; tobit model;
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