Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16006 |
DP16006 Displacement and complementarity in the recorded music industry: evidence from France | |
Marc Ivaldi; Ambre Nicolle; Frank Verboven; Jiekai Zhang | |
发表日期 | 2021-04-04 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Do new digital consumption channels of music depress sales in old physical ones, or are they complementary? To answer this question, we exploit product-level variations in prices of about 30 million sales and streams of over 300 thousand products observed weekly between 2014 and 2017 for the entire French market. At the track-level, we find that streaming displaces digital sales. Similarly, at the album level, digital sales displace physical sales. At the more aggregate artist-level, digital sales displace physical sales, but streaming implies a promotional effect on physical sales. This complementarity is driven by popular genres, i.e., Pop and Urban Music. Most of our findings are robust to whether we consider the hits or include the products that belong to the long tail. |
主题 | Industrial Organization |
关键词 | Music industry Music consumption Digitization |
URL | https://cepr.org/publications/dp16006 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544989 |
推荐引用方式 GB/T 7714 | Marc Ivaldi,Ambre Nicolle,Frank Verboven,et al. DP16006 Displacement and complementarity in the recorded music industry: evidence from France. 2021. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。