Research Review on Art Investment
Abstract: Artwork has become the third hot spot for investment after the securities and real estate. The art market has been on the rise in recent years; astronomical art auction prices continue to refresh the record. The art market in China has become the focus in the world. Collection has a long history in China. But the existing researches put their emphasis on collection and appreciation; only few literatures discuss the income risk of investment and the relationship between artwork and other investment markets. Since 1974, foreign scholars began to pay attention to art from the perspective of economics, bringing us a large number of research results. This article systematically summarized the methods the domestic and foreign scholars used and the conclusions they got, providing readers with the latest progress and convenience for researchers in the same field.
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