Cinema Demand in Spain: A Cointegration Analysis

VÍctor Blanco and JosÉ BaÑos Pino

Journal of Cultural Economics, 1997, vol. 21, issue 1, pages 57-75

Abstract: In this paper we explain the decline in cinema attendance in Spain since 1968. We use a cointegration analysis to estimate an individual demand function for cinema, with annual data and in terms of average attendance per inhabitant. We find that cinema is a luxury good and that its demand is elastic with respect to its price. We also show that television acts as a deterrent with regard to cinema attendance. Copyright Kluwer Academic Publishers 1997

Keywords: cultural economics; cinema; demand; elasticity; cointegration analysis (search for similar items in EconPapers)

Downloads: (external link)
http://hdl.handle.net/10.1023/A:1007374611642 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this article

More articles in Journal of Cultural Economics from Springer
Series data maintained by Christopher F. Baum ().