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'Let's make lots of money': the determinants of performance in the recorded music sector

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	Montoro Pons, Juan de Dios; Cuadrado García, Manuel
	This document is a artículoDate2018
	Este documento está disponible también en : http://hdl.handle.net/10550/70168
	This research analyzes the performance of 467 record labels in eight European countries over a period of 13 years (2003-2015). The main goal is to explain a relative measure of profitability in terms of observed variables, although the nature of the dataset also allows us to include non-observed firm and country effects. To this end alternative models are estimated and three main research questions are tested, namely: (1) the effect of the dual structure of the recorded music market, in which a competitive segment and an oligopoly coexist; (2) the extent and source of the volatility of profits in record labels; and (3) the nonlinear impact of size on performance.
	Montoro Pons, Juan de Dios Cuadrado García, Manuel 2018 'Let's make lots of money': the determinants of performance in the recorded music sector Journal Of Cultural Economics 42 2 287 307
	https://doi.org/10.1007/s10824-017-9304-2