Faddists, Enthusiasts and Canadian Divas: Broadcasting Quotas and the Supply Response

Martin Richardson and Simon Wilkie

Chapter 4 in Dimensions of Trade Policy, 2017, pp 73-104 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This chapter constructs a model of the recorded music market to investigate the consequences of local content requirements in broadcasting for the “internationalization” of domestic music. It models the entry decisions of bands, the contracting decisions of record companies, the airplay decisions of radio stations and the radio listening and recording purchasing decisions of consumers. The chapter shows that a local content quota leads, perversely, to the increased internationalization of domestic music. A quota that also requires increased broadcasting of “new” music yields an additional welfare loss but does nothing to a record company’s incentives to sign up new bands.

Keywords: Trade Policy; Preferential Trading Agreements; Content Protection; Parallel Imports (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813207615_0004 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813207615_0004 (text/html)
Ebook Access is available upon purchase.

Related works:
Journal Article: Faddists, Enthusiasts and Canadian Divas: Broadcasting Quotas and the Supply Response (2015)
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:wsi:wschap:9789813207615_0004

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().