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An empirical analysis of music consumption at University of São Paulo

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Author(s):
Igor Siqueira Cortez
Total Authors: 1
Document type: Master's Dissertation
Press: São Paulo.
Institution: Universidade de São Paulo (USP). Faculdade de Economia, Administração e Contabilidade (FEA/SBD)
Defense date:
Examining board members:
Gabriel de Abreu Madeira; Joao Manoel Pinho de Mello; Mauro Rodrigues Junior
Advisor: Gabriel de Abreu Madeira
Abstract

Music file sharing may have positive or negative effects over the music industry. On the one hand, it might undermine incentives for music creation guaranteed by copyrights. On the other hand, it contributes to the dissemination of artists and songs. In this paper we estimate the effect of music downloads over the consumption of CDs and concerts for a sample of 7.147 university students. Using theoretically motivated instrumental variables related to computer skills and illegality acceptance, we estimate that the practice of downloads generates a reduction on the probability of buying CDs of up to 45% and an increase in the order of 35% on the probability of going to concerts. We also show the existence of a substitution relationship between physical CD piracy and music downloads. This last result suggests that estimates without controlling for CD piracy may be biased. (AU)

FAPESP's process: 08/02249-8 - An Empirical Analysis of Music Comsumption at University of São Paulo
Grantee:Igor Siqueira Cortez
Support Opportunities: Scholarships in Brazil - Master