search query: @indexterm elasticity of demand / total: 22
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| Author: | Blanco, V. Pino, J. |
| Title: | Cinema demand in Spain: a cointegration analysis |
| Journal: | Journal of Cultural Economics
1997 : VOL. 21:1, p. 57-75 |
| Index terms: | ELASTICITY OF DEMAND FILM INDUSTRY CULTURE |
| Language: | eng |
| Abstract: | In this paper the authors explain the decline in cinema attendance in Spain since 1968. The authors use a cointegration analysis to estimate an individual demand function for cinema, with annual data and in terms of average attendance per inhabitant. The authors find that cinema is a luxury good and that its demand is elastic with respect to its price. The authors also show that television acts as a deterrent with regard to cinema attendance. |
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