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A microeconometric analysis of album sales success in the Polish music market

Author

Listed:
  • Mateusz Mysliwski

    (Warsaw School of Economics)

Abstract

The aim of this paper is twofold. Firstly, we attempt to investigate the challenges for the constantly changing music industry on the ex- ample of Poland, positing a conclusion that both artists and lables could pro t from a precisely determined set of factors in uencing the ultimate sales success. On the other hand, the article intends to ll the gap between record industry analyses an econometric literature, as in the course of research, we found that the use of quantitative methods is rarely encountered in such analyses. The study uses a self-compiled dataset, containing information on 619 albums, which appeared on the Ocial Sales Chart (OLiS) between 2008 and 2009. We propose three models for di erent quantitative variables and summarize the obtained results, stating that the use of microeconometric methods in this area of research seems promising.

Suggested Citation

  • Mateusz Mysliwski, 2011. "A microeconometric analysis of album sales success in the Polish music market," Working Papers 54, Department of Applied Econometrics, Warsaw School of Economics.
    • Handle: RePEc:wse:wpaper:54
    as

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    File URL: http://kolegia.sgh.waw.pl/pl/KAE/struktura/IE/struktura/ZES/Documents/Working_Papers/aewp05-11.pdf
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    References listed on IDEAS

    as
    1. Hui Kai-Lung & Png Ivan, 2003. "Piracy and the Legitimate Demand for Recorded Music," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 2(1), pages 1-24, September.
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    More about this item

    Keywords

    music industry; discrete choice models; partial proportional odds model;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

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