Research and analysis

UK investment in artistic originals

Review of the definition of artistic originals and official estimates of investment in originals as recorded in the UK National Accounts.

Documents

UK investment in artistic originals: executive summary

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UK investment in artistic originals

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Details

Film, television and radio, books, music and art.

New data is also used to estimate the value of the UK stock of artistic originals. The report concludes that approximately £1.1 billion more was invested in original artistic work in the UK in 2008 than had previously been estimated.

Combining this data with new depreciation rates suggests an upward revision of £3.5 billion to the UK stock of artistic originals in 2008.

Authors: Peter Goodridge and Jonathan Haskel

Published 8 July 2011