Cinema Demand in Germany
In: Journal of Cultural Economics, Jg. 29 (2005), S. 213-231
Zeitschriftenaufsatz / Fach: Wirtschaftswissenschaften
This paper examines the German cinema market using time series data covering the period 1950-2002. Applying estimation techniques such as OLS, 2SLS and SUR, we identify interrelations between the number of seats, the average real prices and the demand for movies per capita. Furthermore, we test for the long-run relationship between demand, prices and real income and estimate the elasticity of demand with respect to these variables.