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| Author: | Burke, A. |
| Title: | The demand for Vinyl L.P.s 1975-1988 |
| Journal: | Journal of Cultural Economics
1994 : VOL. 18:1, p. 41-64 |
| Index terms: | MUSIC DEMAND FUNCTIONS SOFTWARE |
| Language: | eng |
| Abstract: | The paper estimates the demand for vinyl L.P.s in the U.K. In so doing, it outlines a technique to account for the impact of product differentiation innovation when establishing the demand for a product group. This may be particularly important for cultural goods where consumers are attracted to buy a product because of its unique characteristics and where these characteristics differ across time. Thus , the methodology may be used to estimate the demand for other product groups, such as movies and literature. |
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