nep-cul New Economics Papers
on Cultural Economics
Issue of 2007‒04‒09
three papers chosen by
Roberto Zanola
University of the Piemonte Orientale

  1. Determinants of UK box office success: the impact of quality signals By Caroline Elliott; Rob Simmons
  2. "Net Neutrality," Non-Discrimination and Digital Distribution of Content Through the Internet By Nicholas Economides
  3. Skyscrapers and the Skyline: Manhattan, 1895-2004 By Jason Barr

  1. By: Caroline Elliott; Rob Simmons
    Abstract: This paper analyses the roles of various potential quality signals in the demand for cinema in the United Kingdom using a breakdown of advertising totals by media category. Estimation of a two stage least squares model with data for 546 films released in the United Kingdom shows that the impacts of types of advertising on box office revenues vary both in channels and magnitudes of impact. We also offer a more sophisticated treatment of critical reviews than hitherto by examining the spread (entropy) rather than just the mean rating.
    Keywords: Advertising, Critical Reviews, Films
    Date: 2007
  2. By: Nicholas Economides
    Date: 2007
  3. By: Jason Barr
    Abstract: This paper investigates the determinants of skyscraper building cycles in Manhattan from 1895 to 2004. We first provide a simple model of the market for tall buildings. Then we empirically estimate the determinants of the time series of the number of skyscraper completions and their average heights over the 110 year period. We estimate the model under the assumption of rational expectations and myopic expectations, and find that the myopic model provides a better fit of the data. Furthermore, we find that several local and national variables determine both the number of completions and the average height of skyscrapers, including New York City area population; national employment in finance, insurance and real estate; building costs; access to financing; property tax rates and zoning regulations.
    Keywords: Skyscrapers, building cycles, building height, Manhattan,New York City, myopic expectations, rational expectations
    JEL: D84 N61 N62 R11 R33
    Date: 2007–04

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