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American Beauty: trade flows and export costs of US movies

Juan de Dios Tena (), G. Meloni and Dimitri Paolini ()

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: Copyright industries face global fixed export costs, in terms of cultural and geographic distance together with formal trade barriers. Adjustment to these costs may occur along both the intensive and the extensive margin. We investigate this issue using a microeconomic approach that considers a hedonic model of revenues for US movie exports to evaluate - aggregation bias; simultaneity in the observation of imported movies and their revenues; and reliable estimations for country clusters. We find that product heterogeneity is a key element for both intensive and extensive margin adjustments at the country level.

Keywords: trade; movie industry; export costs (search for similar items in EconPapers)
JEL-codes: F14 L82 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-cul and nep-int
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https://crenos.unica.it/crenos/node/6524
https://crenos.unica.it/crenos/sites/default/files/WP14-10.pdf (application/pdf)

Related works:
Journal Article: American beauty: trade flows and export costs of US movies (2018) Downloads
Working Paper: American beauty: trade flows and export costs of US movies (2018)
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