Evidence of Qualitative Learning-by-Doing from the Advent of the 'Talkie.'
AbstractEmpirical work on learning-by-doing has largely been limited to examinations of production costs. In this paper I present anecdotal and statistical evidence of qualitative learning (the idea that product quality improves as producers gain experience with the relevant technology). Using U.S. motion picture industry data from 1925 to 1941, I reject that the transition to sound pictures resulted in a fixed increase in film-quality in favor of my hypothesis that this quality differential increased with the producing studio's sound-experience. These results are robust to several different specifications. Copyright 2001 by Blackwell Publishing Ltd
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Industrial Economics.
Volume (Year): 49 (2001)
Issue (Month): 1 (March)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821
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- W. D. Walls, 2009. "The Market for Motion Pictures in Thailand: Rank, Revenue, and Survival at the Box Office," International Journal of Business and Economics, College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 8(2), pages 115-131, August.
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