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Empirical evidence suggests that producers of information products (TV programs, movies, computer software) may respond to cost-reducing, as well as quality-enhancing technological change by increasing their total production investments in the “first copy” of each product, possibly at the...
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We find that combined revenues for 10 major media in the U.S. have steadily declined as a proportion of overall economic activity (GDP) from 1999 to at least 2009 (the latest year for which we have complete data). For individual media, we find a generally consistent pattern in which increasing...
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Using data for 320 radio stations operating in the 50 largest Arbitron Metro Radio Markets during 2004 that offered at least some programming in one or more of 19 different foreign languages, we find strongly positive statistical relationships between the size of foreign language populations in...
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We report an empirical study of determinants of the quot;video windowquot; (the interval between a movie's theatrical release and its video release), primarily based on a sample of 1429 theatrical feature films released on video in the United States between 1988 and 1997. Results support our...
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