6533b862fe1ef96bd12c63e3
RESEARCH PRODUCT
“Let’s make lots of money”: the determinants of performance in the recorded music sector
Juan D. MontoroManuel Cuadrado-garcíasubject
Measure (data warehouse)Return on assets05 social sciencesEconomics Econometrics and Finance (miscellaneous)EconomiaCultural economicsDual (category theory)MicroeconomicsOligopoly0502 economics and businessEconomicsProfitability index050207 economicsVolatility (finance)050203 business & managementPeriod (music)description
This research analyzes the performance of 467 record labels in eight European countries over a period of 13 years (2003-2015). The main goal is to explain a relative measure of profitability in terms of observed variables, although the nature of the dataset also allows us to include non-observed firm and country effects. To this end alternative models are estimated and three main research questions are tested, namely: (1) the effect of the dual structure of the recorded music market, in which a competitive segment and an oligopoly coexist; (2) the extent and source of the volatility of profits in record labels; and (3) the nonlinear impact of size on performance.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-05-03 | Journal of Cultural Economics |