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An Economic Model of the Visual Arts Industry in Australia

Visual Arts Industry Guidelines Research Project (VAIGRP)

Working paper 1
An Economic Model of the Visual Arts Industry in Australia

David Throsby and Christopher Madden
Department of Economics, Macquarie University
June 2001

This report deals with the generation of economic value by constructing a simplified model showing financial flows within the Australian visual arts industry and between the industry and other sectors of the economy. The economic map is intended to provide a contextual backdrop to more specific or normative questions relating to professional, industrial and legal aspects of the industry.

Click here to read the full document [PDF 637KB]