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来源类型Working Paper
规范类型报告
DOI10.3386/w10874
来源IDWorking Paper 10874
Piracy on the High C's: Music Downloading, Sales Displacement, and Social Welfare in a Sample of College Students
Rafael Rob; Joel Waldfogel
发表日期2004-11-01
出版年2004
语种英语
摘要Recording industry revenue has fallen sharply in the last three years, and some -- but not all -- observers attribute this to file sharing. We collect new data on albums obtained via purchase and downloading, as well as the consumers' valuations of these albums, among a sample of US college students in 2003. We provide new estimates of sales displacement induced by downloading using both OLS and an instrumental variables approach using access to broadband as a source of exogenous variation in downloading. Each album download reduces purchases by about 0.2 in our sample, although possibly much more. Our valuation data allow us to measure the effects of downloading on welfare as well as expenditure in a subsample of Penn undergraduates, and we find that downloading reduces their per capita expenditure (on hit albums released 1999-2003) from $126 to $100 but raises per capita consumer welfare by $70.
主题Industrial Organization ; Industry Studies
URLhttps://www.nber.org/papers/w10874
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/568507
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Rafael Rob,Joel Waldfogel. Piracy on the High C's: Music Downloading, Sales Displacement, and Social Welfare in a Sample of College Students. 2004.
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