ISSN:
1573-6997
Keywords:
cultural economics
;
cinema
;
demand
;
elasticity
;
cointegration analysis
Source:
Springer Online Journal Archives 1860-2000
Topics:
Art History
,
Economics
Notes:
Abstract In this paper we explain the decline in cinema attendance in Spain since 1968. We use a cointegration analysis to estimate an individual demand function for cinema, with annual data and in terms of average attendance per inhabitant. We find that cinema is a luxury good and that its demand is elastic with respect to its price. We also show that television acts as a deterrent with regard to cinema attendance.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1023/A:1007374611642
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