The Dynamics of Chart Success in the UK Pre-Resorded Popular Music Industry
In this paper we investigate the dynamics of chart success in the UK pre-recorded popular music industry over the period 1980 to 1993 using British album chart listings. We find that the incidence of chart succedd is substantially skewed to the right, whether measured by total weeks spent per artist, average weeks spent per album, or the total number of albums listed per artist. We subsequently investigate possible determinants of the length of chart survival of albums in order to determine what may be driving the observed skewness. Our results indicate that the type of album, seasonal demand, and initial popularity play an important role in ensuring continued chart listing of an album.
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|Date of creation:||1999|
|Date of revision:|
|Contact details of provider:|| Postal: Ireland; University College Dublin, Department of Political Economy, Centre for Economic Research, Belfield, Dublin 4|
Fax: +353-1-283 0068
Web page: http://www.ucd.ie/economics/
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- L. Wade, 1988. "Review," Public Choice, Springer, vol. 58(1), pages 99-100, July.
- Hamlen, William A, Jr, 1991. "Superstardom in Popular Music: Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 729-33, November.
- 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.
- Chung, Kee H & Cox, Raymond A K, 1994. "A Stochastic Model of Superstardom: An Application of the Yule Distribution," The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 771-75, 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 808-27, August.
- MacDonald, Glenn M, 1988. "The Economics of Rising Stars," American Economic Review, American Economic Association, vol. 78(1), pages 155-66, March.
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