The Performance of German Motion Pictures, Profits, and
AbstractThis paper discusses different mechanisms of subsidy allocation invoked by operation of law. We compare the allocation of subsidies via committees to the allocation of subsidies through the reference principle, which binds public support to performance at the box offce. The analysis is embedded in a broadly disposed regression analysis of the determinants of the performance of German movies in the theatrical market. It aims to identify market characteristics and contrasts the German case with studies that address foreign markets. Finally, the profitability of the industry is considered as the presumed economic non-viability of the industry constantly recurs in the public debate as an argument for subsidies.
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Bibliographic InfoPaper provided by EconWPA in its series Industrial Organization with number 0302002.
Length: 36 pages
Date of creation: 18 Feb 2003
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German movies; subsidies; motion picture industry;
Find related papers by JEL classification:
- L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
- Z10 - Other Special Topics - - Cultural Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-02-24 (All new papers)
- NEP-CUL-2003-02-24 (Cultural Economics)
- NEP-IND-2003-02-24 (Industrial Organization)
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