search query: @indexterm ECONOMETRICS / total: 250
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Author: | Burke, A. |
Title: | The dynamics of product differentiation in the British Record industry |
Journal: | Journal of Cultural Economics
1996 : VOL. 20:2, p. 145-164 |
Index terms: | MUSIC INDUSTRY PRODUCT DIFFERENTIATION ECONOMETRICS |
Language: | eng |
Abstract: | The paper conducts a statistical analysis of the dynamics of the sale of new music (product differentiation innovation) in the record industry. In pursuing this goal generates new data and analyses a previously unutilized data set. The paper finds that there is a strong correlation between new music innovation in the audio singles and albums market. This is found to be mainly concurrent in the same quarter and to have reasonably short product life. The paper discovers that these features also characterise the dynamics of record company performance. |
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