How stable is the seasonal pattern in cinema admissions? Evidence from the UK
Chris Hand and
Guy Judge
Applied Economics Letters, 2011, vol. 18, issue 1, 81-85
Abstract:
Conventionally, the seasonal pattern in a time series is taken as exogenous. However, two recent studies from the US have suggested, the seasonal component in box office revenue may in part be endogenously determined. Films that are expected to do well tend to be released at times of peak demand. Hence, the seasonal pattern may reflect both the underlying seasonal pattern and the market expansion effect of the films; evidence from the US suggests the former dominates the latter. This article investigates the same issue for the UK using a structural time series model. We find that, although the seasonal pattern varies over time, we are unable to reject the hypothesis that the seasonal factors are constant. This is consistent with findings from the US.
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (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.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:18:y:2011:i:1:p:81-85
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20
DOI: 10.1080/13504850903425140
Access Statistics for this article
Applied Economics Letters is currently edited by Anita Phillips
More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().