The Lipstick Effect and Outdoor Cultural Consumption
in Slovakia in Times of Crisis
The Lipstick Effect and Outdoor Cultural Consumption
in Slovakia in Times of Crisis
Author(s): Mária Tajtáková, Štefan Žák, Peter FiloSubject(s): Supranational / Global Economy, Marketing / Advertising
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: Global economic crisis; consumer behaviour; culture and the arts; outdoor cultural consumption; Lipstick effect; Slovakia;
Summary/Abstract: The paper deals with shifts in outdoor cultural consumption in Slovakia and explores the presence of the so called “Lipstick effect” related to the hedonic consumption in times of economic downturns. Based on the two-stage primary research we analyse the attendance at cultural events (visit to theatre, cinema, concert, opera, ballet, dance, exhibition, vernissage and others) during the precrisis and crisis period in view of contrasting perspectives. The results of our research suggest that the outdoor cultural consumption, however being a deferrable need, is not necessarily abandoned in times of economic downturns. On the contrary, it may be sustained or even enhanced during recessionary periods. Our research identified the predominance of psychological aspects over economic factors within arts participation with an increased role of emotional drivers during the recession. Although, the outdoor cultural consumption tends to be sustainable even in times of crisis, the consumption patterns are modified with regard to the intensity of participation and the spending on attended cultural events. Based on our findings we conclude that the outdoor cultural consumption in Slovakia had the Lipstick effect during the global economic crisis.
Journal: Ekonomický časopis
- Issue Year: 67/2019
- Issue No: 06
- Page Range: 607-628
- Page Count: 22
- Language: English