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Increasing returns to information and the survival of Turkish public theatre plays

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  • Sacit Hadi Akdede
  • Ayla Ogus

Abstract

This paper investigates increasing returns to information and the survival of Turkish public theatre productions. Log size and rank relationship is found to display autocorrelated growth in a sample of 556 plays put on stage in the Turkish public theatre system in 12 different cities between 1998 and 2003. The lifetime of plays is also investigated and the features of plays are found not to matter for duration which can be explained by the non-profit nature of public theatre. However, the lifetimes of plays in more developed cities are longer than in less developed cities. In contrast to Broadway shows, the hazard function for Turkish public theatre plays is increasing in the number of performances.

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  • Sacit Hadi Akdede & Ayla Ogus, 2006. "Increasing returns to information and the survival of Turkish public theatre plays," Applied Economics Letters, Taylor & Francis Journals, vol. 13(12), pages 785-788.
    • Handle: RePEc:taf:apeclt:v:13:y:2006:i:12:p:785-788
    DOI: 10.1080/13504850500407533
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    References listed on IDEAS

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    1. W. David Walls, 1998. "Product survival at the cinema: evidence from Hong Kong," Applied Economics Letters, Taylor & Francis Journals, vol. 5(4), pages 215-219.
    2. David Maddison, 2004. "Increasing returns to information and the survival of broadway theatre productions," Applied Economics Letters, Taylor & Francis Journals, vol. 11(10), pages 639-643.
    3. Ijiri, Yuji & Simon, Herbert A, 1974. "Interpretations of Departures from the Pareto Curve Firm-Size Distributions," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 315-331, Part I, M.
    4. Chris Hand, 2001. "Increasing returns to information: further evidence from the UK film market," Applied Economics Letters, Taylor & Francis Journals, vol. 8(6), pages 419-421.
    5. Jeffrey S. Simonoff, 2003. "An Empirical Study of Factors Relating to the Success of Broadway Shows," The Journal of Business, University of Chicago Press, vol. 76(1), pages 135-150, January.
    6. W. David Walls, 1997. "Increasing returns to information: evidence from the Hong Kong movie market," Applied Economics Letters, Taylor & Francis Journals, vol. 4(5), pages 287-290.
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