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Survival of the Hippest: Life at the Top of the Hot 100

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Author Info
David E. Giles () (Department of Economics, University of Victoria)

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Abstract

We analyze the survival characteristics of recordings that reached the number one spot on the U.S. popular music charts over the period 1955 to 2003. Our results show that there has been a statistically significant change in the time spent at number one since “album cuts” were included in the compilation of Billboard’s Hot 100. Survival time is significantly improved if the recording is by a female solo artist, or if it is an instrumental tune. We also find a significant “Elvis effect”.

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File URL: http://web.uvic.ca/econ/research/papers/ewp0507.pdf
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Publisher Info
Paper provided by Department of Economics, University of Victoria in its series Econometrics Working Papers with number 0507.

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Length: 21 pages
Date of creation: 17 Jun 2005
Date of revision:
Handle: RePEc:vic:vicewp:0507

Note: ISSN 1485-6441
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Postal: PO Box 1700, STN CSC, Victoria, BC, Canada, V8W 2Y2
Phone: (250)721-8540
Fax: (250)721-6214
Web page: http://web.uvic.ca/econ
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Related research
Keywords: Popular music; hit tunes; survival function; hazard function; duration model;

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Find related papers by JEL classification:
C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Econometric and Statistical Methods; Specific Distributions
C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Paul Meier & Theodore Karrison & Rick Chappell & Hui Xie, 2004. "The Price of Kaplan-Meier," Journal of the American Statistical Association, American Statistical Association, vol. 99, pages 890-896, January. [Downloadable!] (restricted)
  2. Marie Connolly & Alan B. Krueger, 2005. "Rockonomics: The Economics of Popular Music," NBER Working Papers 11282, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Hamlen, William A, Jr, 1991. "Superstardom in Popular Music: Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 729-33, November. [Downloadable!] (restricted)
  4. Strobl, E. & Tucker, C., 1999. "The Dynamics of Chart Success in the UK Pre-Resorded Popular Music Industry," Papers 99/10, College Dublin, Department of Political Economy-.
    Other versions:
  5. Walls, W David, 1998. "Product Survival at the Cinema: Evidence from Hong Kong," Applied Economics Letters, Taylor and Francis Journals, vol. 5(4), pages 215-19, April. [Downloadable!] (restricted)
  6. De Vany, Arthur S & Walls, W David, 1997. "The Market for Motion Pictures: Rank, Revenue, and Survival," Economic Inquiry, Oxford University Press, vol. 35(4), pages 783-97, October.
  7. Andrew Burke, 1996. "The dynamics of product differentiation in the British record industry," Journal of Cultural Economics, Springer, vol. 20(2), pages 145-164, June. [Downloadable!] (restricted)
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  8. Jeffrey S. Simonoff, 2003. "An Empirical Study of Factors Relating to the Success of Broadway Shows," Journal of Business, University of Chicago Press, vol. 76(1), pages 135-150, January. [Downloadable!]
  9. Chung, Kee H & Cox, Raymond A K, 1994. "A Stochastic Model of Superstardom: An Application of the Yule Distribution," The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 771-75, November. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Cansino Muñoz-Repiso, José Manuel & Sánchez Braza, Antonio, 2009. "Evaluación del programa de Escuelas Taller y Casas de Oficios a partir de su efecto sobre el tiempo de búsqueda del primer empleo. El caso de Sevilla/," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 27, pages 277 (22 P, Abril. [Downloadable!] (restricted)
  2. David E. Giles, 2005. "Increasing Returns to Information in the U.S. Popular Music Industry," Econometrics Working Papers 0510, Department of Economics, University of Victoria. [Downloadable!]
    Other versions:
  3. Ruby Shih & David E. A. Giles, 2006. "Modelling the Duration of Interest Rate Spells Under Inflation Targeting in Canada," Econometrics Working Papers 0605, Department of Economics, University of Victoria. [Downloadable!]
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