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Explaining Post-War Cinema Attendance in Great Britain

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Author Info

  • Peter Macmillan
  • Ian Smith

Abstract

This paper models the interaction between cinema admissions and cinema supply in response to changes in exogenous variables, chiefly competition from television viewing. The relationship is estimated empirically by applying near Vector Autoregression (VAR) techniques to a long run of British annual data from 1950 to 1997. The results indicate that sustained negative shocks to cinema demand throughout most of the period reduced the supply of screens, inducing further falls in admissions and closures until a new equilibrium was attained. More recently, the introduction of multiplex cinemas has interrupted and partially reversed this downward demand-supply spiral. Copyright Kluwer Academic Publishers 2001

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File URL: http://hdl.handle.net/10.1023/A:1007630400082
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Bibliographic Info

Article provided by Springer in its journal Journal of Cultural Economics.

Volume (Year): 25 (2001)
Issue (Month): 2 (May)
Pages: 91-108

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Handle: RePEc:kap:jculte:v:25:y:2001:i:2:p:91-108

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Web page: http://www.springerlink.com/link.asp?id=100284

Related research

Keywords: cinema admissions; cinema supply;

References

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  1. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
  2. VÍctor Blanco & JosÉ BaÑos Pino, 1997. "Cinema Demand in Spain: A Cointegration Analysis," Journal of Cultural Economics, Springer, vol. 21(1), pages 57-75, March.
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Citations

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Cited by:
  1. Ralf Dewenter & Michael Westermann, 2005. "Cinema Demand In Germany," Journal of Cultural Economics, Springer, vol. 29(3), pages 213-231, August.
  2. M. Rimscha, 2013. "It’s not the economy, stupid! External effects on the supply and demand of cinema entertainment," Journal of Cultural Economics, Springer, vol. 37(4), pages 433-455, November.
  3. Espinosa Alejos, María Paz & Brañas Garza, Pablo, 2010. "Unraveling Public Good Games: The Role of Priors," DFAEII Working Papers 2010-04, University of the Basque Country - Department of Foundations of Economic Analysis II.
  4. Cuccia, Tiziana, 2009. "A Contingent Ranking Study on the Preferences of Tourists across Seasons/A Contingent Ranking Study on the Preferences of Tourists across Seasons," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 27, pages 161-176, Abril.
  5. Müller, Christopher & Böhme, Enrico, 2011. "A note on the relationship of mainstream and art house movie theaters," MPRA Paper 27908, University Library of Munich, Germany.
  6. Enrico Böhme & Christopher Müller, 2011. "Searching for the Concentration-Price Effect in the German Movie Theater Industry," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 231(4), pages 479-493, August.
  7. Henry Aray & Betty Agnani, 2007. "And the Oscar goes to ..... Peeeeedrooooo!," ThE Papers 07/03, Department of Economic Theory and Economic History of the University of Granada..
  8. Victor Fernandez-Blanco & Luis Orea & Juan Prieto-Rodriguez, 2013. "Endogeneity and measurement errors when estimating demand functions with average prices: an example from the movie market," Empirical Economics, Springer, vol. 44(3), pages 1477-1496, June.
  9. Sangho KIM & Donghyun PARK, 2010. "Addictive behavior in cinema demand: evidence from Korea," Economic Growth centre Working Paper Series 1002, Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre.
  10. Yamamura, Eiji, 2013. "Externality of young children on parents’ watching of anime: Evidence from Japanese micro data," MPRA Paper 46878, University Library of Munich, Germany.
  11. Yamamura, Eiji, 2013. "The effect of young children on their parents’ anime viewing habits: Evidence from Japanese micro data," MPRA Paper 49465, University Library of Munich, Germany.

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