Faddists, enthusiasts and Canadian divas: broadcasting quotas and the supply response
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Richardson, Martin; Wilkie, Simon
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This paper constructs a model of the recorded music market to investigate the consequences of local content requirements in broadcasting for the "internationalization" of domestic music. It models the entry decisions of bands, the contracting decisions of record companies, the airplay decisions of radio stations and the radio listening and recording purchasing decisions of consumers. The paper shows that a local content quota leads, perversely, to the increased internationalization of domestic...[Show more]
dc.contributor.author | Richardson, Martin | |
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dc.contributor.author | Wilkie, Simon | |
dc.date.accessioned | 2015-07-22T06:09:14Z | |
dc.date.available | 2015-07-22T06:09:14Z | |
dc.identifier.issn | 0965-7576 | |
dc.identifier.uri | http://hdl.handle.net/1885/14391 | |
dc.description.abstract | This paper constructs a model of the recorded music market to investigate the consequences of local content requirements in broadcasting for the "internationalization" of domestic music. It models the entry decisions of bands, the contracting decisions of record companies, the airplay decisions of radio stations and the radio listening and recording purchasing decisions of consumers. The paper shows that a local content quota leads, perversely, to the increased internationalization of domestic music. A quota that also requires increased broadcasting of "new" music yields an additional welfare loss but does nothing to a record company's incentives to sign up new bands. | |
dc.publisher | Wiley | |
dc.rights | © 2015 John Wiley & Sons Ltd. http://www.sherpa.ac.uk/romeo/issn/0965-7576/..."author can archive pre-print...On author's personal website, institutional repositories, arXiv, AgEcon, PhilPapers, PubMed Central, RePEc or Social Science Research Network" from SHERPA/RoMEO site (as at 23/07/15) | |
dc.rights | This is the pre-peer reviewed version of the following article: Faddists, enthusiasts and Canadian divas: broadcasting quotas and the supply response, Review of International Economics, Vol.23(2), p. 404-424, which has been published in final form at https://dx.doi.org/10.1111/roie.12171. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. | |
dc.source | Review of International Economics | |
dc.subject | globalization | |
dc.subject | management | |
dc.subject | modeling | |
dc.subject | music | |
dc.subject | quota system | |
dc.subject | welfare economics | |
dc.title | Faddists, enthusiasts and Canadian divas: broadcasting quotas and the supply response | |
dc.type | Journal article | |
local.identifier.citationvolume | 23 | |
dc.date.issued | 2015-05-01 | |
local.identifier.absfor | 140299 - Applied Economics not elsewhere classified | |
local.identifier.ariespublication | a383154xPUB1354 | |
local.publisher.url | http://au.wiley.com/WileyCDA/ | |
local.type.status | Submitted Version | |
local.contributor.affiliation | Richardson, M., Research School of Economics, College of Business and Economics, The Australian National University | |
local.bibliographicCitation.issue | 2 | |
local.bibliographicCitation.startpage | 404 | |
local.bibliographicCitation.lastpage | 424 | |
local.identifier.doi | 10.1111/roie.12171 | |
local.identifier.absseo | 910299 - Microeconomics not elsewhere classified | |
local.identifier.scopusID | 2-s2.0-84926421055 | |
Collections | ANU Research Publications |
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Richardson and Wilkie Faddists Enthusiasts and Canadia Divas 2015.pdf | 1.13 MB | Adobe PDF |
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