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Factors determining UK album success

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  • Caroline Elliott
  • Rob Simmons

Abstract

This article uses a recently compiled dataset on the UK album sales to determine which factors contribute to best-selling album sales success. We control for factors including length of time since release, nationality of artist, artist type and album type, testing the increasing returns to information hypothesis. Information on general public online review scores for the albums in the dataset allows for a strong test of the accuracy of online reviews in predicting music sales, as online reviews are a relatively recent phenomenon, while the release of many of the albums predates the widespread use of Internet.

Suggested Citation

  • Caroline Elliott & Rob Simmons, 2011. "Factors determining UK album success," Applied Economics, Taylor & Francis Journals, vol. 43(30), pages 4699-4705.
    • Handle: RePEc:taf:applec:v:43:y:2011:i:30:p:4699-4705
    DOI: 10.1080/00036846.2010.498349
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    References listed on IDEAS

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    9. Caroline Elliott & Rob Simmons, 2008. "Determinants of UK Box Office Success: The Impact of Quality Signals," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 33(2), pages 93-111, September.
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    Cited by:

    1. Samuel Cameron, 2016. "Past, present and future: music economics at the crossroads," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 40(1), pages 1-12, February.
    2. Philip Hans Franses, 2023. "On the life cycles of successful rock bands," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(5), pages 4693-4707, October.
    3. Daniel Kaimann & Ilka Tanneberg & Joe Cox, 2021. "“I will survive”: Online streaming and the chart survival of music tracks," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 3-20, January.

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