Faddists, enthusiasts and Canadian divas: broadcasting quotas and the supply response

Martin Richardson, Simon Wilkie

Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Otherpeer-review

Abstract

This chapter constructs a model of the recorded music market to investigate the consequences of local content requirements in broadcasting for the “internationalization” of domestic music. It models the entry decisions of bands, the contracting decisions of record companies, the airplay decisions of radio stations and the radio listening and recording purchasing decisions of consumers. The chapter shows that a local content quota leads, perversely, to the increased internationalization of domestic music. A quota that also requires increased broadcasting of “new” music yields an additional welfare loss but does nothing to a record company’s incentives to sign up new bands.

Original languageEnglish
Title of host publicationDimensions of Trade Policy
Place of PublicationSingapore Singapore
PublisherWorld Scientific Publishing
Chapter4
Pages73-104
Number of pages32
Edition1st
ISBN (Electronic)9789813207615
ISBN (Print)9789813207608
DOIs
Publication statusPublished - 2018

Publication series

NameWorld Scientific Studies in International Economics
PublisherWorld Scientific Publishing
Volume63
ISSN (Print)1793-3641

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