Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 梁天卓教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/j.infoecopol.2015.04.001 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/0WOS source URL
其它资讯
摘要Music piracy is a double-edged sword for the music industry. On the one hand, it hurts record sales. On the other hand, it increases sales of its complements. To quantify the effect of music piracy, I construct a unique survey data set and use a Bayesian method to estimate the demand for music and iPods, and find three things. First, music piracy decreases music sales by 24% to 42%. Second, music piracy contributes 12% to iPod sales. Finally, counterfactual experiments show that, if music were free, the increase in Apple's profits from iPod can more than compensate the loss of musicians. The last result implies that a Pareto improving iPod tax is possible. (C) 2http://aims.cuhk.edu.hk/converis/portal/Publication/015 Elsevier B.V. All rights reserved.
着者Leung TC
期刊名称Information Economics and Policy
出版年份2http://aims.cuhk.edu.hk/converis/portal/Publication/015
月份6
日期1
卷号31
出版社Elsevier
页次1 - 12
国际标準期刊号http://aims.cuhk.edu.hk/converis/portal/Publication/0167-6245
电子国际标準期刊号1873-5975
语言英式英语
关键词Demand estimation; iPod; Music piracy
Web of Science 学科类别Business & Economics; Economics
