Determinants of International Sound Recording Piracy
AbstractExamines the relative strength and significance of a range of institutional and economic variables thought to influence cross-country variations in sound recording piracy market share. Sound recording piracy imposes significant costs on copyright owners, including record companies, music publishers, recording artists and songwriters. The contribution of this paper is the central role allocated to the affordability index (the ratio of legitimate price to average hourly earnings) and to the balance of trade in sound recording product. The estimated regression model identifies a positive and significant relationship between sound recording PMS and the price-earnings (PE) ratio.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 6 (2003)
Issue (Month): 10 ()
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Find related papers by JEL classification:
- F0 - International Economics - - General
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- Andrew Burke, 1996.
"How effective are international copyright conventions in the music industry?,"
Journal of Cultural Economics, Springer,
Springer, vol. 20(1), pages 51-66, March.
- Andrew E Burke, 1995. "How Effective are International Copyright Conventions in the Music Industry?," CRIEFF Discussion Papers, Centre for Research into Industry, Enterprise, Finance and the Firm 9516, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Marron, Donald B & Steel, David G, 2000. "Which Countries Protect Intellectual Property? The Case of Software Piracy," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 38(2), pages 159-74, April.
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