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Australian films at the Australian box office: Performance, distribution, and subsidies

Author

Listed:
  • W. D. Walls

    (University of Calgary)

  • J. McKenzie

Abstract

In recent years, Australian films have failed to capture the public’s attention at the Australian box office. Why? Do Australians have an aversion to their own films? Or does the release strategy—advertising/publicity expenditure and opening number of screens—explain the lacklustre performance? We find that even though Australian films are generally advertised more heavily and released more widely than non-Australian films, ceteris paribus, they earn less at the box office. We also analyse a subsample of our data for which Film Finance Corporation funding information is available and find that government subsidies have no impact on a film’s financial success at the box office.

Suggested Citation

  • W. D. Walls & J. McKenzie, "undated". "Australian films at the Australian box office: Performance, distribution, and subsidies," Working Papers 2014-52, Department of Economics, University of Calgary, revised 23 Sep 2014.
    • Handle: RePEc:clg:wpaper:2014-52
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    Cited by:

    1. 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.
    2. Shu-Ching Chou & Yu-Hsiu Cheng & Yenn-Ru Chen, 2025. "Grabbing or helping hand? The impact of government subsidies on innovation and performance for firms in cultural and creative industries," Review of Quantitative Finance and Accounting, Springer, vol. 64(4), pages 1719-1755, May.
    3. Zhenji Jin & Yue Shang & Jian Xu, 2018. "The Impact of Government Subsidies on Private R&D and Firm Performance: Does Ownership Matter in China’s Manufacturing Industry?," Sustainability, MDPI, vol. 10(7), pages 1-20, June.
    4. G. Meloni & D. Paolini & M. Pulina, 2015. "The Great Beauty: Public Subsidies in the Italian Movie Industry," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 1(3), pages 445-455, November.
    5. Yee Yee Sein & Viktor Prokop, 2021. "Mediating Role of Firm R&D in Creating Product and Process Innovation: Empirical Evidence from Norway," Economies, MDPI, vol. 9(2), pages 1-16, April.
    6. Darlene Chisholm & Víctor Fernández-Blanco & S. Abraham Ravid & W. David Walls, 2015. "Economics of motion pictures: the state of the art," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(1), pages 1-13, February.
    7. Sangkil Moon & Barry Bayus & Youjae Yi & Junhee Kim, 2015. "Local consumers’ reception of imported and domestic movies in the Korean movie market," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(1), pages 99-121, February.
    8. Nicolas R. Weber & André Marchand & Reinhard E. Kunz, 2024. "The global impact of public and private funding on cultural and economic movie success: evidence from German film funding," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 48(2), pages 259-283, June.
    9. Daniel Kaimann, 2014. "Combining Qualitative Comparative Analysis and Shapley Value Decomposition: A Novel Approach for Modeling Complex Causal Structures in Dynamic Markets," Working Papers Dissertations 12, Paderborn University, Faculty of Business Administration and Economics.
    10. Fernanda Gutiérrez-Navratil & Víctor Fernández-Blanco & Luis Orea Sánchez & Juan Prieto Rodríguez, 2017. "Do Movie Majors Really Collude? Indirect Evidence from Release Schedules," Hacienda Pública Española / Review of Public Economics, IEF, vol. 221(2), pages 9-31, June.
    11. A. E. Scorcu & R. Zanola, 2018. "The drowned and the saved: the determinants of success in the Italian temporary art and cultural exhibitions market," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(2), pages 201-211, May.
    12. Krishnan Jeesha & Sumod S D & Prashant Premkumar & Shovan Chowdhury, 2018. "Does Story Really Matter In The Movie Industry? : PreProduction Stage Predictive Models," Working papers 284, Indian Institute of Management Kozhikode.
    13. Jordi McKenzie, 2023. "The economics of movies (revisited): A survey of recent literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 480-525, April.
    14. Hofmann, Julian & Clement, Michel & Völckner, Franziska & Hennig-Thurau, Thorsten, 2017. "Empirical generalizations on the impact of stars on the economic success of movies," International Journal of Research in Marketing, Elsevier, vol. 34(2), pages 442-461.
    15. Liza Lee & Ying-Sing Liu, 2024. "The impact of major infectious disease events and government relief packages on the film industry: evidence from Taiwan," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.
    16. Sora Park, 2015. "Changing patterns of foreign movie imports, tastes, and consumption in Australia," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(1), pages 85-98, February.

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