Survey Evidence on the Impact of COVID-19 on Australian Musicians and Implications for Policy

27 Pages Posted: 9 Oct 2020 Last revised: 22 Feb 2021

See all articles by Paul Crosby

Paul Crosby

Macquarie University, Macquarie Business School

Jordi McKenzie

Macquarie University, Macquarie Business School

Date Written: February 21, 2021

Abstract

This study provides survey evidence concerning how COVID-19 has impacted Australian musicians. Between June and July 2020, we surveyed 203 musicians about the effects of the pandemic on their employment and income. Using a Seemingly Unrelated Regression (SUR) model, we investigate sentiment concerning future employment and income opportunities. We find evidence that this sentiment correlates most strongly with general sentiment about industry demand returning post COVID-19. We find no evidence that short-term income support makes a difference to sentiment about future opportunities. Similarly, we find no evidence that pivoting towards online media strategies has improved such sentiment. In addition to recent supply-side policies, our results suggest demand-side policies can play an important role in the medium to long term by ensuring musicians do not leave the industry.

Keywords: COVID-19, musicians, survey evidence

JEL Classification: L82, Z10

Suggested Citation

Crosby, Paul and McKenzie, Jordi, Survey Evidence on the Impact of COVID-19 on Australian Musicians and Implications for Policy (February 21, 2021). Macquarie Business School Research Paper, Available at SSRN: https://ssrn.com/abstract=3707325 or http://dx.doi.org/10.2139/ssrn.3707325

Paul Crosby (Contact Author)

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Jordi McKenzie

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

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