The welfare effects of vertical integration in china's movie industry (Record no. 527129)

000 -LEADER
fixed length control field 01726nam a22001577a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240805b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Chen, Luming, Yi, Lisa Xuejie and Yu,Chuan
245 ## - TITLE STATEMENT
Title The welfare effects of vertical integration in china's movie industry
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Economic Journal: Microeconomics
300 ## - PHYSICAL DESCRIPTION
Extent 16(2). May, 2024: p.204-235
520 ## - SUMMARY, ETC.
Summary, etc This paper investigates the welfare effects of vertical integration in China's movie industry. We leverage data covering all theaters and 423 popular movies in China during 2014–2018. We find no evidence of integrated movies being foreclosed to rival theaters. Integrated theaters show movies for longer, allocate more screenings, and charge lower prices. We estimate a model of consumers' demand and theaters' screening decisions. Integrated theaters internalize a substantial fraction of their upstream companies' profits. Vertical integration mitigates distortions from revenue-sharing contracts and steers demand favoring integrated movies. Overall, vertical integration increases consumer surplus with considerable heterogeneity across markets.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/mic.20210320
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Vertical integration, Movie industry, Theater performance, Screening allocation, Consumer demand, Revenue-sharing contracts, Foreclosure effects, Price strategy, Integrated theaters, Upstream profits, Demand steering, Welfare analysis, Consumer surplus, Market heterogeneity, Industry structure, Chinese cinema, Economic modeling, Contract distortion, Media economics, Integration effect
9 (RLIN) 56341
773 ## - HOST ITEM ENTRY
Main entry heading American Economic Journal: Microeconomics
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP MASS MEDIA
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-08-05 16(2). May, 2024: p.204-235 AR132577 2024-08-05 Articles

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