The Dynamics of Chart Success in the U.K. Pre-Recorded Popular Music Industry
In this paper we investigate the dynamics of chartsuccess in the U.K. pre-recorded popular music industryover the period 1980 to 1993 using the British albumchart listings. We find that the incidence of chartsuccess is substantially skewed to the right, whethermeasured by total weeks spent per artist, averageweeks spent per album, or the total number of albumslisted per artist. We subsequently investigatepossible determinants of the length of chart survivalof albums in order to determine what may be drivingthe observed skewness. Our results indicate that thetype of album, seasonal demand, and initial popularityplay an important role in ensuring continued chartlisting of an album. Copyright Kluwer Academic Publishers 2000
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Volume (Year): 24 (2000)
Issue (Month): 2 (May)
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- Andrew E. Burke, 1995.
"The Dynamics of Product Differentiation in the British Record Industry,"
Economics Technical Papers
951, Trinity College Dublin, Department of Economics.
- Andrew Burke, 1996. "The dynamics of product differentiation in the British record industry," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 20(2), pages 145-164, June.
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- L. Wade, 1988. "Review," Public Choice, Springer, vol. 58(1), pages 99-100, July.
- MacDonald, Glenn M, 1988. "The Economics of Rising Stars," American Economic Review, American Economic Association, vol. 78(1), pages 155-166, March.
- Hamlen, William A, Jr, 1991. "Superstardom in Popular Music: Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 729-733, November.
- Evans, David S & Jovanovic, Boyan, 1989. "An Estimated Model of Entrepreneurial Choice under Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 808-827, August.
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