Copying, superstars, and artistic creation |
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Authors: | Francisco Alcal Miguel Gonzlez-Maestre |
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Institution: | a Departamento de Fundamentos del Análisis Económico, Universidad de Murcia, Campus de Espinardo, 30100 Murcia, Spain;b Ivie, Calle Guardia Civil 22, 46020 Valencia, Spain |
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Abstract: | We provide a new perspective on the impact of unauthorized copying and copy levies on artistic creation. Our analysis emphasizes three aspects of artistic markets: the predominance of superstars, the important role of promotion expenditures, and the difficulties of talent-sorting. In the short run, piracy reduces superstars’ earnings and market share and increases the number of niche and young artists. In the long run, copying can also have a positive effect on high-quality artistic creation by helping more young artists start their careers, which increases the number of highly talented artists in subsequent periods. The long-term impact of levies on copy equipment on artistic creation depends on whether their yields primarily accrue to superstars who already receive rents or are allocated to help young artists. |
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Keywords: | Artistic creation Superstars Private copy Piracy Levies |
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