Publication Date:
2015
Short description:
The Great Beauty: Public Subsidies in the Italian Movie Industry / Meloni, G., Paolini, D., Pulina, M.. - In: ITALIAN ECONOMIC JOURNAL. - ISSN 2199-322X. - 1:3(2015), pp. 445-455. [10.1007/s40797-015-0021-8]
abstract:
We examine the impact of public subsidies in the Italian movie industry by
considering two dimensions: quantity (box-office revenues) and quality (film festival
awards). Public subsidies and movie genres are employed as explanatory variables to
investigate how public intervention and genre influence movie industry performance.
We find that although public funding shows an overall negative influence on quantity
and quality, there are some differences when considering public subsidies by genre.
On balance, there is statistical evidence that dramas and thrillers are the genres that
should be primarily financed by public agents.
considering two dimensions: quantity (box-office revenues) and quality (film festival
awards). Public subsidies and movie genres are employed as explanatory variables to
investigate how public intervention and genre influence movie industry performance.
We find that although public funding shows an overall negative influence on quantity
and quality, there are some differences when considering public subsidies by genre.
On balance, there is statistical evidence that dramas and thrillers are the genres that
should be primarily financed by public agents.
Iris type:
1.1 Articolo in rivista
Keywords:
Movie industry; Public subsidies; Box office
List of contributors:
Meloni, G; Paolini, Dimitri; Pulina, Manuela
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