| Id : | 2645 | |
Author : | Glückler J.; Panitz R. | |
Title | Live Music in the Time of Corona: On the Resilience and Impact of a Philharmonic Orchestra on the Urban Economy |
|
| Reference : | Glückler J.; Panitz R. Live Music in the Time of Corona: On the Resilience and Impact of a Philharmonic Orchestra on the Urban Economy,Sustainability (Switzerland) 15 4 |
|
| Link to article | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85149336924&doi=10.3390%2fsu15043611&partnerID=40&md5=c74bc95edaf4e3564d0c558ac000f23a |
|
| Abstract | During the COVID-19 pandemic, many governments enforced epidemic policies of social distancing, restrictions of professional practice, and the prohibition of cultural live performances. Because such policies dried up important sources of income in the cultural and tourism industries, this paper examines how cultural institutions coped with this crisis. Drawing on the case of the Mannheim Philharmonic Orchestra in Germany, we collected original data and employed a regional economic impact analysis to determine both the financial resilience of the Orchestra and its impact on the urban economy. Because the Orchestra could not reduce costs during the COVID-19 pandemic, public subsidies were crucial to fill the income gap of missed live concerts. In turn, the regional impact analysis suggests that the Orchestra maintained its positive effect on the economic demand for goods and services in the urban economy. When balancing the city’s subsidies with the rental (city concert halls) and tax incomes generated by the Orchestra’s local impact, the Orchestra managed to induce surplus revenue for the city’s treasury. © 2023 by the authors. |
Results:
| Impact |
Certainity |
| Health and Wellbeing | 0.0551 |
| Urban and Territorial Renovation | 0.0889 |
| Peoples Engagement and Participation | 0.2173 |
MESOC has received funding
from Horizon 2020 - the EU Framework Programme
for Research and Innovation (2014-2020) -
under Grant Agreement n°870935.
We take your privacy seriously and WE DO NOT process any personal data or any information that reveals personal identity or information that can be linked to such information to identify directly or indirectly.
2021 © CD