Determinants of International Sound Recording Piracy
Examines the relative strength and significance of a range of institutional and economic variables thought to influence cross-country variations in sound recording piracy market share. Sound recording piracy imposes significant costs on copyright owners, including record companies, music publishers, recording artists and songwriters. The contribution of this paper is the central role allocated to the affordability index (the ratio of legitimate price to average hourly earnings) and to the balance of trade in sound recording product. The estimated regression model identifies a positive and significant relationship between sound recording PMS and the price-earnings (PE) ratio.
Volume (Year): 6 (2003)
Issue (Month): 10 ()
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References listed on IDEAS
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- Andrew Burke, 1996. "How effective are international copyright conventions in the music industry?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 20(1), pages 51-66, March.
- Marron, Donald B & Steel, David G, 2000. "Which Countries Protect Intellectual Property? The Case of Software Piracy," Economic Inquiry, Western Economic Association International, vol. 38(2), pages 159-174, April.