Taking advantage of the normative incoherence between the Italian VAT (IVA) regime that allows the galleries not to declare the VAT and the ARR regime that requires the galleries to calculate the ARR (DDS) on the price net of VAT, our work obtains private information on the mark-up of Italian art galleries. The determinants of mark-up, divided into gallery and artist specific determinants, reveal the main market strategies used by Italian galleries in the period considered.
Candela, G., Castellani, M., Pattitoni, P. (2016). Il mark-up delle gallerie d’arte moderna e contemporanea in Italia. RIVISTA DI POLITICA ECONOMICA, IV-VI, 205-227.
Il mark-up delle gallerie d’arte moderna e contemporanea in Italia
CANDELA, GUIDO;CASTELLANI, MASSIMILIANO;PATTITONI, PIERPAOLO
2016
Abstract
Taking advantage of the normative incoherence between the Italian VAT (IVA) regime that allows the galleries not to declare the VAT and the ARR regime that requires the galleries to calculate the ARR (DDS) on the price net of VAT, our work obtains private information on the mark-up of Italian art galleries. The determinants of mark-up, divided into gallery and artist specific determinants, reveal the main market strategies used by Italian galleries in the period considered.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
