Évolution du marché de la musique préenregistrée à l'ère numérique
The article examines to which extent downloading on peer-to-peer (P2P) networks is responsible for the crisis in the music industry. Using the most recent empirical studies, the goal is to estimate the relevance of the two contrasting explanations usually put forward. On the one hand, it is claimed that P2P networks induce piracy and, thereby, reduce the consumption of legal music. On the other hand, it is also argued that P2P networks allow their users to sample a larger and new musical supply, which tends to increase the demand for legal music. JEL code – L51, L63, L86, L88, 034
Volume (Year): XLV (2006)
Issue (Month): 4 ()
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