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Modelling movie attendance with seasonality: evidence from China

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  • Xu Zhang
  • Guangming Hou
  • Weijia Dong

Abstract

High-frequency data improves the timeliness of movie attendance forecasts, but also results in the issue of seasonality. The main objective of this article is to build and test a novel movie attendance model that considers seasonality. Based on the Bass model, we combine an intertemporal demand shift pattern and the binary elements of seasonality – weekends and holidays – and propose a model called DISBM. We chose a sample of 58 movies released in China in 2013 to evaluate our proposal. The empirical results suggest that DISBM has better performance than other seasonal models. We demonstrate that the intertemporal demand shift results in weekend fluctuations, while the extra demand causes the seasonal holiday effect. The intent of this study is to better understand various movie attendance diffusions given different seasonal effects, in order to develop corresponding marketing strategies.

Suggested Citation

  • Xu Zhang & Guangming Hou & Weijia Dong, 2017. "Modelling movie attendance with seasonality: evidence from China," Applied Economics Letters, Taylor & Francis Journals, vol. 24(19), pages 1351-1357, November.
  • Handle: RePEc:taf:apeclt:v:24:y:2017:i:19:p:1351-1357
    DOI: 10.1080/13504851.2017.1279260
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    Cited by:

    1. Jordi McKenzie, 2023. "The economics of movies (revisited): A survey of recent literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 480-525, April.

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