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The great beauty: public subsidies in the Italian movie industry

Author

Listed:
  • Gianpiero MELONI
  • Dimitri PAOLINI
  • Manuela PULINA

Abstract

We examine the impact of public subsidies in the Italian movie industry by considering two dimensions: quantity (box-office revenues) and quality (film festival awards). Public subsidies and movie genres are employed as explanatory variables to investigate how public intervention and genre influence movie industry performance. We find that although public funding shows an overall negative influence on quantity and quality, there are some differences when considering public subsidies by genre. On balance, there is statistical evidence that dramas and thrillers are the genres that should be primarily financed by public agents. Copyright Società Italiana degli Economisti (Italian Economic Association) 2015
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Gianpiero MELONI & Dimitri PAOLINI & Manuela PULINA, 2015. "The great beauty: public subsidies in the Italian movie industry," LIDAM Reprints CORE 2801, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:2801
    Note: In : Italian Economic Journal, 1(3), 445-455, 2015
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    Cited by:

    1. Concetta Castiglione & Roberto Zanola, 2019. "The Demand and Supply for Popular Culture: Evidence from Italian Circuses," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 5(3), pages 349-367, October.
    2. 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.
    3. 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.

    More about this item

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • Z1 - Other Special Topics - - Cultural Economics

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