Copying, superstars and artistic creation
Francisco Alcalá () and
UMUFAE Economics Working Papers from DIGITUM. Universidad de Murcia
We provide a new perspective on the impact of unauthorized copying and copy levies on artistic creation. Our analysis emphasizes three important aspects of artistic markets: the predominance of superstars, the dynamics of talent sorting, and the importance of promotion expenditures. In the short run, piracy reduces superstars’ earnings and market share, and increases the number of rich and young artists. From a dynamic perspective, piracy may help more young artists start their careers, thereby increasing the number of highly talented artists in the long run. The long run impact on artistic creation of levies on copy equipment may crucially depend on whether their yields primarily accrue to superstars or are allocated to help young artists.
Keywords: Artistic creation; Superstars; Private copy; Piracy; Levies (search for similar items in EconPapers)
JEL-codes: D12 R23 (search for similar items in EconPapers)
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Journal Article: Copying, superstars, and artistic creation (2010)
Working Paper: Copying, Superstars, and Artistic Creation (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:mur:wpaper:5606
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