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首页> 外文期刊>Journal of consumer policy >An Empirical Investigation Into the Effect of Music Downloading on the Consumer Expenditure of Recorded Music: A Time Series Approach
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An Empirical Investigation Into the Effect of Music Downloading on the Consumer Expenditure of Recorded Music: A Time Series Approach

机译：音乐下载对录制音乐的消费者支出影响的实证研究：时间序列方法

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摘要

The downloading of music from the internet has been proliferating over the past three years. The recording industry believes that this phenomenon is responsible for the decline in recorded music sales since the year 2000, and to a certain extent this is supported by consumer surveys and previous studies that have used panel or cross-sectional data. In this analysis, an econometric, time-series model of consumer spending on tapes, LPs, and CDs is estimated which takes into account factors that are posited as effecting the consumption of recorded music, but not used in previous studies. The most significant finding is that music downloading, subsequent to 2000, affects consumer spending on tapes, LPs, and CDs through the price elasticity of demand. Falling DVD prices have also served to reduce the demand of recorded music during this same period.
机译：在过去三年中，从互联网上下载音乐的数量一直在激增。唱片业人士认为，这种现象是造成2000年以来唱片音乐销量下降的原因，并且在一定程度上受到消费者调查和以前使用面板数据或横截面数据的研究的支持。在此分析中，估计了消费者在磁带，LP和CD上的支出的计量经济学时间序列模型，该模型考虑了影响录制音乐消费的因素，但以前的研究并未使用这些因素。最重要的发现是，2000年以后的音乐下载通过需求的价格弹性影响了消费者在磁带，LP和CD上的支出。 DVD价格的下降也减少了同期的录制音乐需求。

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