Abstract
While there has been theoretical discussion and policy interest on the necessity of government support for culture and arts, whether financial support works effectively in line with the intention of government intervention to improve the quality of life through culture and arts has rarely been examined. We empirically analyze the effect of government financial support for professional performing arts organizations. We divided the effects into artistic and social dimensions to consider the intention of support. We used the annual “survey on the operation of professional art organizations” conducted by the Korea arts management service, and analyzed the difference in performance depending on whether financial support was provided through a propensity score matching method. According to the results, government financial support did not produce effective results both in the artistic and social dimensions. This raises the need for policy considerations on effective financial support methods beyond the justifiable discussion on financial support.
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