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An Economic Perspective to Independent Cinema

Author

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  • Arici, Cemali
  • Yucel, Eray

Abstract

This paper investigates the economic patterns related to independent cinema, which seems to be an understudied perspective in the literature. Using the classification in The Movie Database, we delve into basic features of movies and make comparisons of mainstream and independent cinema. Applying count regression models to alternative classifications of independent movies, we investigate the temporal patterns of independent movie creation and the linkages between independent and mainstream production volumes. We find that increasing number of independent films may be partially an outcome of increase in mainstream movie releases, showing a case of positive externality. In addition, increasing production budget for a movie has a positive impact on independent movie releases, in which the independent movies are more financed by the foundations such as United Artists over years.

Suggested Citation

  • Arici, Cemali & Yucel, Eray, 2019. "An Economic Perspective to Independent Cinema," MPRA Paper 98679, University Library of Munich, Germany, revised 16 Feb 2020.
    • Handle: RePEc:pra:mprapa:98679
    as

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    File URL: https://mpra.ub.uni-muenchen.de/98679/1/MPRA_paper_98679.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Cinema; Movies; Independent movies; Economics of art; Count regressions;
    All these keywords.

    JEL classification:

    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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