Analyzing the decision to listen to recorded music. A microeconometric approach
Lina Hurtado and
Luis Fernando Aguado Quintero ()
No 3, Working Papers from Faculty of Economics and Management, Pontificia Universidad Javeriana Cali
In order to analyze the determining factors of the decision of listening to recorded music in Colombia, participation equations are estimated in the document. To do so, probit models are estimated using micro–data from the Encuesta de Consumo Cultural 2008 [Cultural Consumption Survey] for Colombia. The empírical results show that higher education, greater passive cultural participation, and positioning in a medium and high social–economic strata are the main determining factors of the decision of listening to recorded music. On the other hand, a factor that decreases the likelihood of listening to recorded music is self-declaring African– Colombian–descendent. This document contributes to the limited empirical literature on the determinants of cultural participation in Latin American countries.
Keywords: recorded music; cultural participation; probit models; Colombia (search for similar items in EconPapers)
JEL-codes: Z11 D12 C25 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ddt:wpaper:3
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