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http://hdl.handle.net/10419/40935
  
Title:Cinema demand in Germany PDF Logo
Authors:Dewenter, Ralf
Westermann, Michael
Issue Date:2003
Series/Report no.:Diskussionsbeiträge aus dem Fachbereich Wirtschaftswissenschaften der Universität Duisburg-Essen, Standort Essen 125
Abstract:In the present paper we examine the German cinema market using time series data of 49 years. Applying estimation techniques such as OLS, 2SLS and SUR, we identify interrelations between the number of screens, the average real prices and the demand for movies per inhabitant. Furthermore, we test for the long run relationship and evaluate the elasticities of demand with respect to real price and income. Moreover, we analyse if cinema can be defined as an addictive good which can be explained with a myopic habit or rational addiction approach.
Subjects:cinema
demand
supply
habit formation
cointegration analysis
Seemingly Unrelated Regression
JEL:C22
C32
L82
Document Type:Working Paper
Appears in Collections:IBES Diskussionsbeiträge, Universität Duisburg-Essen

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