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| Author: | Stevans, L. K. Sessions, D. N. |
| Title: | An empirical investigation into the effect of music downloading on the consumer expenditure of recorded music: a time series approach |
| Journal: | Journal of Consumer Policy
2005 : SEP, VOL 28:3, p. 311-324 |
| Index terms: | music music industry piracy consumer behaviour internet recordings industry consumer expenditure expenditure ethics |
| Language: | eng |
| Abstract: | Music downloading over the internet is becoming more and more popular. The music industry claims that this is causing a decline in the record sales, which is supported by surveys and studies. This paper estimates an ecometric, time-series model of consumer spending on recordings. The main result is that music downloading affects consumer spending on recordings through the price elasticity of demand. |
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