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A look at the Spanish film industry and its level of persistence

Author

Listed:
  • Francisco José Gil-Ruiz

    (University of Francisco de Vitoria)

  • Luis Alberiko Gil-Alana

    (University of Navarra)

  • María Hernández-Herrera

    (University of Francisco de Vitoria)

  • Raquel Ayestarán-Crespo

    (University of Francisco de Vitoria)

Abstract

This paper explores the Spanish film industry to analyze the evolution of Spanish movie theater revenues up to December 2021 using both aggregated and disaggregated data by area of origin. Based on fractional integration methods, the results showed a change in persistence in the series as a result of the Covid-19 pandemic. Lower degrees of persistence are observed in the aggregated data and in the series related with the US, implying shorter effects of shocks in these cases. Nevertheless, a substantial increase in persistence after the Covid-19 is observed in all series.

Suggested Citation

  • Francisco José Gil-Ruiz & Luis Alberiko Gil-Alana & María Hernández-Herrera & Raquel Ayestarán-Crespo, 2024. "A look at the Spanish film industry and its level of persistence," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.
    • Handle: RePEc:pal:palcom:v:11:y:2024:i:1:d:10.1057_s41599-023-02563-4
    DOI: 10.1057/s41599-023-02563-4
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    References listed on IDEAS

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    1. Sanjeev Swami & Jehoshua Eliashberg & Charles B. Weinberg, 1999. "SilverScreener: A Modeling Approach to Movie Screens Management," Marketing Science, INFORMS, vol. 18(3), pages 352-372.
    2. Schmidt, Peter & Phillips, C B Peter, 1992. "LM Tests for a Unit Root in the Presence of Deterministic Trends," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 54(3), pages 257-287, August.
    3. Jehoshua Eliashberg & Anita Elberse & Mark A.A.M. Leenders, 2006. "The Motion Picture Industry: Critical Issues in Practice, Current Research, and New Research Directions," Marketing Science, INFORMS, vol. 25(6), pages 638-661, 11-12.
    4. Alok Bhargava, 1986. "On the Theory of Testing for Unit Roots in Observed Time Series," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(3), pages 369-384.
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    Cited by:

    1. Liza Lee & Ying-Sing Liu, 2024. "The impact of major infectious disease events and government relief packages on the film industry: evidence from Taiwan," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.

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