17 Pages Posted: 14 Sep 2007
Using survey data on movie consumption by about 500 University of Pennsylvania undergraduate students, we ask whether unpaid consumption of movies displaces paid consumption. A variety of cross-sectional and longitudinal empirical approaches show large and statistically significant evidence of displacement. In the most appropriate empirical specification, we find that unpaid first consumption reduces paid consumption by about 1 unit. Unpaid second consumption has a smaller effect, about 0.20 units. Our analysis indicates that unpaid consumption, which makes up 5.2 per cent of movie viewing in our sample, reduced paid consumption in our sample by 3.5 per cent.
Suggested Citation: Suggested Citation
Rob, Rafael and Waldfogel, Joel, Piracy on the Silver Screen. Journal of Industrial Economics, Vol. 55, No. 3, pp. 379-395, September 2007. Available at SSRN: https://ssrn.com/abstract=1013730 or http://dx.doi.org/10.1111/j.1467-6451.2007.00316.x
This is a Wiley-Blackwell Publishing paper. Wiley-Blackwell Publishing charges $38.00 .
File name: joie.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.