Diversity on the Screen

Manthos Delis (), Anastasia Litina () and Skerdilajda Zanaj

Discussion Paper Series from Department of Economics, University of Macedonia

Abstract: Using hand-collected data on movies from 1998 to 2008, we examine how deep-rooted population diversity in the origin countries of the cast (actors) and the production team (director, writer, and producer) affects movie performance (spectator ratings and box office revenue). We contend that distinguishing between the cast (what is visible by spectators-consumers) and the production team allows an analysis of how “visible diversity†affects performance. Once meticulously controlling for selection-endogeneity concerns, we find that the visible component has a hump-shaped effect on our movie performance measures and mostly drives our findings. We also show that the optimal level of cast diversity (the one that maximizes movie performance) is significantly higher than the sample’s average value.

Keywords: Population diversity; Visible diversity; Movie industry; Movie ratings; Box office; Origin country (search for similar items in EconPapers)
Date: 2021-11, Revised 2021-11
New Economics Papers: this item is included in nep-cul
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://econwp.uom.gr/pdf/dp132021.pdf

Related works:
Working Paper: Diversity on the Screen (2021)
Working Paper: Diversity on the screen (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:mcd:mcddps:2021_13

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