Copying, Superstars, and Artistic Creation

Francisco Alcalá () and González-Maestre, Miguel ()
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González-Maestre, Miguel: Departamento de Fundamentos del Análisis Económico, Universidad de Murcia, Campus de Espinardo

No 902, Working Papers from International Economics Institute, University of Valencia

Abstract: We provide a new perspective on the impact of unauthorized copying and copy levies on artistic creation. Our analysis emphasizes three important aspects of artistic markets: the predominance of superstars, the dynamics of talent sorting, and the importance of promotion expenditures. In the short run, piracy reduces superstars’ earnings and market share, and increases the number of niche and young artists. From a dynamic perspective, piracy may help more young artists start their careers, thereby increasing the number of highly talented artists in the long run. The long run impact on artistic creation of levies on copy equipment may crucially depend on whether their yields primarily accrue to superstars or are allocated to help young artists.

Keywords: artistic creation; superstars; private copy; piracy; levies (search for similar items in EconPapers)
JEL-codes: L10 L82 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cul and nep-pke
Date: 2009-08
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Persistent link: http://EconPapers.repec.org/RePEc:iei:wpaper:0902

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