The Great Beauty: Public Subsidies in the Italian Movie Industry

G. Meloni, Dimitri Paolini and Manuela Pulina

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

Abstract: We examine the impact of public subsidies in the Italian movie industry by considering two dimensions - quantity (box-office revenues) and quality (film festival awards). Public subsidies and movie genres are employed as explanatory variables to investigate how public intervention and genre influence movie industry performance. We find that although public funding shows an overall negative influence on quantity and quality, there are some differences when considering public subsidies by genre. On balance, there is statistical evidence that dramas and thrillers are the genres that should be primarily financed by public agents.

Keywords: movie industry; public subsidies; awards; box office (search for similar items in EconPapers)
JEL-codes: C23 Z1 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cul and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: The Great Beauty: Public Subsidies in the Italian Movie Industry (2015)
Working Paper: The great beauty: public subsidies in the Italian movie industry (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:201507

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