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The goal of this paper is to analyze the behavior of digital music consumers on the Internet. Using clickstream data on … the legal purchases of digital music. Our results suggest that Internet users do not view illegal downloading as a … substitute to legal digital music. Although positive and significant, our estimated elasticities are essentially zero: a 10 …
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The objective of this paper is to document the evolution of cross-border music trade patterns in this transition period … and to explain what drives digital music trade patterns. The shift from analogue to digital music distribution has … substantially reduced trade costs and has enlarged the choice sets of music consumers around the world. Using comprehensive data on …
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developments in recorded music as our context. Digitization has expanded consumption opportunities by giving consumers access to … music industry tripled the number of new products between 2000 and 2008. We quantify the effects of new music on welfare …
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