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American beauty: trade flows and export costs of US movies

Author

Listed:
  • Gianpiero Meloni

    (Libreria Ubik
    CRENoS)

  • Dimitri Paolini

    (Libreria Ubik
    CRENoS
    CORE)

  • J. D. Tena

    (Libreria Ubik
    CRENoS
    University of Liverpool)

Abstract

This paper estimates a hedonic model of revenues for 1431 American movies in 45 non-American countries over the period 2002–2013. Such an extensive analysis is proven to be useful to estimate the effect of indicators of geographical and cultural distance on total revenue and the number of American films exported to non-American countries once the model specification also controls for relevant film features. It is found that indicators of cultural and geographical distance, in addition to the Human Development Index, have a significant effect on both the number of American films shown and the revenue obtained. Estimation results have been also used to appraise the importance of film features in different groups of countries from the perspective of their degree of development and distance from the USA.

Suggested Citation

  • Gianpiero Meloni & Dimitri Paolini & J. D. Tena, 2018. "American beauty: trade flows and export costs of US movies," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(4), pages 701-716, November.
    • Handle: RePEc:kap:jculte:v:42:y:2018:i:4:d:10.1007_s10824-018-9324-6
    DOI: 10.1007/s10824-018-9324-6
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    Cited by:

    1. Georgios Alaveras & Estrella Gomez-Herrera & Bertin Martens, 2018. "Cross-border circulation of films and cultural diversity in the EU," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(4), pages 645-676, November.
    2. Jane, Wen-Jhan, 2021. "Cultural distance in international films: An empirical investigation of a sample selection model," Journal of Economics and Business, Elsevier, vol. 113(C).
    3. Joel Waldfogel, 2020. "Dining out as cultural trade," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(2), pages 309-338, June.
    4. Jing Yan & Feng Yu, 2021. "Can international coproduction promote the performance of cultural products in the global markets? Evidence from the Chinese movie industry," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(4), pages 777-798, November.
    5. Johann Valentowitsch, 2023. "Hollywood caught in two worlds? The impact of the Bechdel test on the international box office performance of cinematic films," Marketing Letters, Springer, vol. 34(2), pages 293-308, June.

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    More about this item

    Keywords

    American movies; Export; Geographical and cultural distance;
    All these keywords.

    JEL classification:

    • Z1 - Other Special Topics - - Cultural Economics
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

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