Cultural and Other Barriers to Motion Pictures Trade
AbstractThe global success of the American film industry facing rising costs of production, foreign protectionism, and liberal trade policies at home is an enigma. The basis for American dominance is found in market size and structure. In turn, market characteristics and microdata explain protectionist strategies--leading to a complex gravity-iceberg model of U.S. exports. Besides purchasing power and spatial distance, cultural variables as well as protectionist strategies are important influences on U.S. motion pictures trade. Competitors nonetheless fail to match the magical American combination of movie stars, economies of scale, and popularity of English speech. (JEL F14, C33, Z10) Copyright 2005, Oxford University Press.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 43 (2005)
Issue (Month): 1 (January)
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- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- Z10 - Other Special Topics - - Cultural Economics - - - General
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