Movie Industry Demand and Theater Availability

被引:5
作者
Leung, Tin Cheuk [1 ]
Qi, Shi [2 ]
Yuan, Jia [3 ]
机构
[1] Wake Forest Univ, Box 7505, Winston Salem, NC 27109 USA
[2] Coll William & Mary, Williamsburg, VA USA
[3] Univ Macau, Zhuhai, Peoples R China
关键词
Movie demand; Theater availability; Demand estimation; CHOICE; MARKET;
D O I
10.1007/s11151-019-09706-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
Consumers can only choose to see a movie if it is available in theaters. Explicitly taking into account movie theater availability, we estimate a structural model of movie demand with the use of U.S. movie data from 1995 to 2017. Estimation results indicate that the impact of theater availability on movie demand is both statistically and economically significant. We also find that movie budget predictions based on the model that incorporates theater availability is more consistent with the data, while the model that ignores theater availability on average over-predict production budgets.
引用
收藏
页码:489 / 513
页数:25
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