Copyright and Creativity: Evidence from Italian Operas

Giorcelli, Michela; Moser, Petra

doi:10.2139/ssrn.2505776

Cited by 20 publications

(15 citation statements)

References 27 publications

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“…Results are similar in movies (Waldfogel 2016) and books (Waldfogel and Reimers 2015). This contrasts with the economic history literature, which suggested that copyright alone could increase the quality of creative output (Giorcelli and Moser 2016).…”

Section: How Do Digital Markets Affectmentioning

confidence: 55%

Digital Economics

Goldfarb

Tucker

2019

Journal of Economic Literature

1,346

417

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Digital technology is the representation of information in bits. This technology has reduced the cost of storage, computation, and transmission of data. Research on digital economics examines whether and how digital technology changes economic activity. In this review, we emphasize the reduction in five distinct economic costs associated with digital economic activity: search costs, replication costs, transportation costs, tracking costs, and verification costs. (JEL D24, D83, L86, O33, R41)

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Section: How Do Digital Markets Affectmentioning

confidence: 55%

Digital Economics

Goldfarb

Tucker

2019

Journal of Economic Literature

1,346

417

View full text Add to dashboard Cite

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“…Accounting records show that publishers increased their payments to the authors of new fiction titles after 1814, even though payments increased most for a small set of literary superstars (MacGarvie and Moser, ). An empirical analysis of 19th‐century operas indicates that the adoption of basic copyright laws—which increases payments to composers—can increase both the quantity and quality of creative work (Giorcelli and Moser, )…”

Section: Discussionmentioning

confidence: 99%

“…However, copyright extensions beyond 20 or 30 years are unlikely to encourage the creation of new work. For example, opera data indicate that even the most successful pieces are rarely played after the first 10 years, and copyright extensions beyond the life of authors have no clear effects on creativity (Giorcelli and Moser, ). Copyright policies that increase the price of copyrighted work may also discourage the creation of new work by limiting access to existing work.…”

Section: Discussionmentioning

confidence: 99%

Dead poets' property—how does copyright influence price?

MacGarvie

Moser

2018

The RAND J of Economics

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Copyrights create long‐lived intellectual property in goods ranging from science, literature, and music to news, film, and software. The economic effects of copyright, however, are difficult to identify in modern settings. This article exploits an unintended differential increase in copyright length under the UK Copyright Act of 1814—in favor of books by dead authors—to examine the effects of longer copyright terms on price. We find that a doubling in copyright length was associated with a substantial (roughly 50%) increase in the price of books. Additional years of copyright improved publishers' ability to practice intertemporal price discrimination.

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“…On the contrary, the anti-piracy law may increase the production of U.S. films, especially American blockbuster movies like fantasy, sci-fi, or horror movies, which should increase total welfare. For instance, Giorcelli and Moser (2016) show that the adoption of copyright laws within Italy during the Napoleonic wars has increased the number and quality of new operas. Telang and Waldfogel (2018) find a similar result in the Indian movie industry.…”

Section: Perspectives On the Resultsmentioning

confidence: 99%

The Unintended Consequences of Anti-Piracy Laws on Markets with Asymmetric Piracy: The Case of the French Movie Industry

Bellégo

Nijs

2020

SSRN Journal

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Using the French anti-piracy law known as HADOPI as a natural experiment, we study the asymmetric effects of online piracy on cinema admissions. Applying four estimation strategies at different levels of observation (town, movie, country, and consumer), we find that the introduction of the law is associated with a 9% increase in the market share of American movies. This increase occurs at the expense of other movies. Although we find an increase in overall admissions, this effect is not statistically significant. These findings primarily originate from a high initial level of asymmetric piracy between American and other movies, which was attenuated by the anti-piracy law, resulting in a fiercer competition between movies. The results can also be explained by the behavior of younger consumers, and might be caused by consumers' budget or time constraints. We exclude positive shocks on the relative quality of American movies, the advent of 3D movies, supply side reactions by firms, and word of mouth effects of illegal downloads as explanations for this redistributive effect.

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Copyright and Creativity: Evidence from Italian Operas

Cited by 20 publications

References 27 publications

Digital Economics

Digital Economics

Dead poets' property—how does copyright influence price?

The Unintended Consequences of Anti-Piracy Laws on Markets with Asymmetric Piracy: The Case of the French Movie Industry

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