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Introductory Note

Author

Listed:
  • Rubinstein, A.

    (Institute of Economics, Russian Academy of Sciences, Moscow, Russia)

Abstract

This paper describes the situation, which resulted from reforms in those sectors, which produce, distribute, store and consume the patronized goods - scientific products, education, culture and health care - undoubtedly requiring budget funding. In this regard, the paper highlights the key challenges facing economic science, experiencing in the "year of culture" influx of different and not always well-founded recommendations.

Suggested Citation

  • Rubinstein, A., 2014. "Introductory Note," Journal of the New Economic Association, New Economic Association, vol. 24(4), pages 182-184.
    • Handle: RePEc:nea:journl:y:2014:i:24p:182-184
    as

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    File URL: http://www.econorus.org/repec/journl/2014-24-182-184r.pdf
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    References listed on IDEAS

    as
    1. Rubinstein Alexander, 2013. "Studying “Sponsored Goods” in Cultural Sector. Econometric Model of Baumol’s Disease," Creative and Knowledge Society, Sciendo, vol. 3(1), pages 28-48, July.
    2. Victor Ginsburgh & David Throsby, 2006. "Handbook of the economics of art and culture," ULB Institutional Repository 2013/1673, ULB -- Universite Libre de Bruxelles.
    3. Nordhaus William D, 2008. "Baumol's Diseases: A Macroeconomic Perspective," The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-39, February.
    4. Rafael Fernandez & Enrique Palazuelos, 2012. "European Union Economies Facing ‘Baumol's Disease’ within the Service Sector," Journal of Common Market Studies, Wiley Blackwell, vol. 50(2), pages 231-249, March.
    5. Marc Pomp & Suncica Vujic, 2008. "Rising health spending, new medical technology and the Baumol effect," CPB Discussion Paper 115.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Marc Pomp & Suncica Vujic, 2008. "Rising health spending, new medical technology and the Baumol effect," CPB Discussion Paper 115, CPB Netherlands Bureau for Economic Policy Analysis.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    patronized goods; culture; cultural policy; reform; expenditure on culture; investments in culture; cultural activities; externalities;
    All these keywords.

    JEL classification:

    • P35 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance
    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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