G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16006
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
URLhttps://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.
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