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Demand distribution dynamics in creative industries: The market for books in Italy

  • Gaffeo, Edoardo
  • Scorcu, Antonello E.
  • Vici, Laura

We study the distribution dynamics of the demand for books in Italy. We find that for each of three broad sub-markets in which the book publishing industry can be classified Italian novels, foreign novels and essays sales over a three-year sample can be adequately fitted by a power law distribution. Our results can be plausibly interpreted in terms of a model of interactions among buyers exchanging information on the books they buy.

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Article provided by Elsevier in its journal Information Economics and Policy.

Volume (Year): 20 (2008)
Issue (Month): 3 (September)
Pages: 257-268

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Handle: RePEc:eee:iepoli:v:20:y:2008:i:3:p:257-268
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505549

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