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The Market for Motion Pictures in Thailand: Rank, Revenue, and Survival at the Box Office

W. Walls

International Journal of Business and Economics, 2009, vol. 8, issue 2, 115-131

Abstract: We examine the theatrical market for motion pictures in Thailand using a sample of films exhibited in 2004¡V2008. Using data on weekly and cumulative film revenues, we find strong evidence of increasing returns to information as indicated by substantial concave departures from the Pareto size distribution. The distribution of cumulative revenues across films is consistent with the winner-take-all nature of an elimination tournament. In contrast to other markets dominated by Hollywood imports, several of the top-earning films in Thailand are domestically produced.

Keywords: Thai film industry; returns to information; winner-take-all; heavy tails (search for similar items in EconPapers)
JEL-codes: L82 (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Working Paper: The market for motion pictures in Thailand: Rank, revenue, and survival at the box office (2014)
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International Journal of Business and Economics is currently edited by Hsiang-Tsai Chiang (Editor-in-Chief), Chiung-Ju Huang (Editor-in-Chief), Feng-Jyh Lin (Associate Editor), Tzu-Ching Weng (Associate Editor), Hsin-Yi Huang (Managing Editor) and Szu-Hsien Ho (Managing Editor)

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