Demand Distribution Dynamics in Creative Industries: the Market for Books in Italy

Edoardo Gaffeo, Antonello E. Scorci and Laura Vici

No 804, Department of Economics Working Papers from Department of Economics, University of Trento, Italia

Abstract: We studied the distribution dynamics of the demand for books in Italy. We found that for each of the three broad sub-markets into which the book publishing industry can be classified - Italian novels, foreign novels and non-fiction - sales over a three-year sample can be adequately fitted by a power law distribution. Our results can be plausibly interpreted in terms of a model of interactions among buyers exchanging information on the books they buy.

Keywords: Book publishing industry; Information transmission; Power law distribution (search for similar items in EconPapers)
JEL-codes: L82 Z1 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-cul
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Citations: View citations in EconPapers (16)

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Journal Article: Demand distribution dynamics in creative industries: The market for books in Italy (2008)
Working Paper: Demand Distribution Dynamics in Creative Industries: the Market for Books in Italy (2008)
Working Paper: Demand Distribution Dynamics in Creative Industries: the Market for Books in Italy (2008)
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