Subsidies and Awards in Movie Production
AbstractThis article analyzes the effect of subsidies and awards on the Spanish motion picture industry. We estimate a Cobb-Douglas production function using regional data, showing that it exhibits constant returns to scale and that awards positively affect movie production, while subsidies have no effect. In fact, awards affect the productivity of the sector since they allow for an increase in the output, which is not explained by an increase in inputs.
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Bibliographic InfoPaper provided by Department of Economic Theory and Economic History of the University of Granada. in its series ThE Papers with number 08/16.
Length: 8 pages
Date of creation: 29 Dec 2008
Date of revision:
Movie production; awards; panel data;
Other versions of this item:
- Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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- Christian Jansen, 2005. "The Performance of German Motion Pictures, Profits and Subsidies: Some Empirical Evidence," Journal of Cultural Economics, Springer, vol. 29(3), pages 191-212, August.
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