Ahn, Illtae; Yoon, Kiho - In: CESifo economic studies : CESifo, a joint initiative of … 55 (2009) 2, pp. 306-325
We present a framework to evaluate the impact of digital music distribution. We set up a representative model that enables the comparative static analysis. We then interpret two empirical observations about the music industry, the sales decline and the price constancy, and fit the model to these...