Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Droit de Suite

  • Nathalie MoureauEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_7


Resale right consists of a small percentage of the resale price that art market professionals pay to artists at each resale of their works with the involvement of an auction house, gallery, or dealer. Until the new millennium, the resale right was implemented in a small number of countries. In 2014, more than 70 countries have resale rights. The United States, which has been very reluctant toward the adoption of the resale rights, seems to have changed its mind very recently. The debate about the opportunity to implement a resale right is commonly structured around two main axes. The first discusses whether or not visual artists profit from the resale right. The second deals with distortions of trade and competition within different countries that this right could create. While numerous governmental reports and academic research studies concern these two axes, focusing on the effects and consequences of the implementation of a resale right, fewer works deal with its economic rationale.

This is a preview of subscription content, log in to check access.


  1. Banternghansa C, Graddy K (2011) The impact of the Droit de Suite in the UK: an empirical analysis. J Cult Econ 35(2):81–100CrossRefGoogle Scholar
  2. Bikhchandani S, Hirshleifer D, Welch I (1992) A theory of fads, fashion, custom and cultural change as informational cascades. J Polit Econ 100(5):992–1026CrossRefGoogle Scholar
  3. Claggett K et al. (2013) Resale royalties: an updated analysis. United States Copyright OfficeGoogle Scholar
  4. Dallas-Conte L, Mc Andrew C (2002) Implementing Droit de Suite (artists’ resale right) in England. The Arts Council of England Report 28-Google Scholar
  5. Design and Artist Copyright Society (2008) The artist’s resale right in the UK DACS. Available at http://www.parliament.nz/resource/0000131776
  6. European Commission (2011) Report on the implementation and effects of the Resale Right Directive. European Commission Report (2001/84/EC)Google Scholar
  7. Farchy J (2011) Le droit de suite est-il soluble dans l’analyse économique? ADAGP report. Available at https://circabc.europa.eu/sd/d/c8fa35dc-59eb-4c57-bc7f-ec9a26a02f4d/ADAGP.pdf
  8. Filer R (1984) A theoretical analysis of the economics impact of artists’ resale royalties legislation. J Cult Econ 8:1–28CrossRefGoogle Scholar
  9. Fratello B (2003) France embraces Millet: the intertwined fates of “The Gleaners” and “The Angelus”. Art Bullet 85(4):685–701CrossRefGoogle Scholar
  10. George J et al (2009) Resale royalty right for visual artists Bill 2008, House of representatives standing committee on climate change, water, environment and the arts. The Parliament of the Commonwealth of Australia, Canberra, A.C.TGoogle Scholar
  11. Ginsburgh V (2005) Droit de suite. an economic viewpoint, The modern and contemporary art market. The European Fine Art Foundation, MaastrichtGoogle Scholar
  12. Ginsburgh V (2008) The economic consequences of the droit de suite in the European Union. In: Towse R (ed) Recent developments in cultural economics. Edwar Elgar, Cheltenham/Northampton, pp 384–393Google Scholar
  13. Graddy K, Horowitz N, Szymanski S (2008) A study into the effect on the UK art market of the introduction of the artist’s resale right. IP InstituteGoogle Scholar
  14. Hansmann H, Santilli M (2001) Royalties for artists versus royalties for authors and composers. J Cult Econ 25(4):259–281CrossRefGoogle Scholar
  15. Kakoyiannis J (2006) Resale royalty rights and the context and practice of art bargains. http://www.jequ.org/index.php?/links
  16. Karp LS, Perloff JM (1993) Legal requirements that artists receive resale royalties. Int Rev Law Econ 13:163–177CrossRefGoogle Scholar
  17. Kirstein R, Schmidtchen D (2001) Do artists benefit from resale royalties? An economic analysis of a new EU directive. Law Econom Civil Law Countr 6:257–274Google Scholar
  18. Landes W (2001) What has the visual artist’s rights Act of 1990 accomplished? J Cult Econ 24(4):283–306CrossRefGoogle Scholar
  19. Mac Cain R (1994) Bargaining power and artist’ resale dividends. J Cult Econ 18:108–112Google Scholar
  20. Mantell E (1995) If art is resold, should the artist profit? Am Econ 39(1):23–31Google Scholar
  21. Menger P-M (2006) Artistic labor market: contingent work, excess supply and contingent risk management. In: Ginsburgh V, Throsby D (eds) Handbook of the economics of art and culture, vol 1. North Holland/Amsterdam, pp 766–812Google Scholar
  22. Moulin R (1994) The construction of art values. Int Sociol 9(1):5–12CrossRefGoogle Scholar
  23. Nichols B (2011) Artists and art workers in the United States, Research note 105. National Endowments for the Arts, Washington, DCGoogle Scholar
  24. Perloff JM (1998) Droit de suite. In: Newman P (ed) The new Palgrave dictionary of economics and the law. Macmillan, New York, pp 645–648Google Scholar
  25. Pfeffer J (2004) The costs and legal impracticalities facing implementation of the European Union’s droit de suite directive in the United Kingdom. NWJILB 24(2):533–561Google Scholar
  26. Raymond M, Kancel S (2004) Le droit de suite et la protection des artistes plasticiens. Inspection des affaires sociales (rapport 2004/039), inspection générale de l’administration des affaires culturelles (rapport 2004/12)Google Scholar
  27. Register of Copyright (1992) Droit de suite: The artist’s resale royalty. US Copyright OfficeGoogle Scholar
  28. Rosen S (1981) The economics of superstars. Am Econ Rev 71(5):845–858Google Scholar
  29. Solow J (1998) An economic analysis of the droit de suite. J Cult Econ 22:209–226CrossRefGoogle Scholar
  30. Stanford JD (2003) Economic analysis of the droit de suite the artist’s resale royalty. Aust Econ Pap 42(4):387–398CrossRefGoogle Scholar
  31. Wang G (2010) The resale royalty right and its economics effects. J Econ Res 15:171–182Google Scholar
  32. Wu JC (1999) Art resale rights and the art resale market: a follow-up study. J Copy Soc USA 46:531–552Google Scholar

Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Université Paul-Valéry MONTPELLIER 3MontpellierFrance