La maladie des coûts est-elle contagieuse ? Le cas des ensembles de musique ancienne

To complete traditional explanations of why the performing arts tend to run a deficit, the case of Early Music orchestras is examined. The usual mechanisms do not suffice to explain why these institutions suffer from the “illness of costs”. Two hypotheses are combined to complete Baumol’s model. For one thing the deepening deficit of Early Music orchestras is related to their professionalization; and for another, it is explained by their being simultaneously in two markets: the concert market and the musicians’ labor market, where they have to compete with subsidized orchestras.