The Effect of Internet Piracy on CD Sales : Cross-Section Evidence

@inproceedings{Peitz2003TheEO,
  title={The Effect of Internet Piracy on CD Sales : Cross-Section Evidence},
  author={Martin Peitz and Patrick Waelbroeck},
  year={2003}
}
We analyze the role of music downloading on the current downturn in CD sales. We provide 2000-2001 cross-country evidence in support of the claim of losses due to internet piracy made by the music industry. For the U.S. we also assess the potential loss from internet piracy using detailed survey data. We conclude the empirical analysis by forecasting CD sales for 2002. The results suggest that internet piracy played a significant role in the decline in CD sales in 2001, but can hardly account… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.