Does File Sharing Crowd Out Copyrighted Goods? Evidence from the Music Recording Industry
2009/02/24
研討會日期 : 2009-02-24
時間 : 15:30
主講人 : 紀怡嘉 小姐
地點 : B110
演講者簡介 : 紀怡嘉小姐為Ph.D. in Economics,Johns Hopkins University (June 2009 expected)。其主要研究領域為Industrial Organization、Applied Econometrics、Applied Microeconomics。目前正申請本所研究職務中。
演講摘要 : This paper examines the extent to which Internet file sharing crowds out purchases of both physical and digital music. The existing evidence on the effect of .le sharing on music sales has been mixed and focused mainly on the period 1999-2001. Using a representative survey for 2004-2006, I find that, in contrast to the previous studies, illegal downloads and legal music purchases are positively correlated across individuals. Since the correlation could reflect an unobserved taste for music purchases, I instrument for the propensity to download illegally with the interaction of measures of ethical behavior and comfort with computer technology. Using this identification strategy with both a standard probit estimation and a semiparametric rank correlation based estimation, I find legal music purchases and illegal music downloads are complements.