Digitization and the Market for Physical Works: Evidence from the Google Books Projects

被引：4
|
作者：
Nagaraj, Abhishek [1 ]
Reimers, Imke [2 ]
机构：
[1] Univ Calif Berkeley, Berkeley, CA USA
[2] Cornell Univ, Cornell, NY 14850 USA
来源：
AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY | 2023年 / 15卷 / 04期
关键词：
LONG TAIL; COPYRIGHT; PIRACY; MUSIC;
D O I：
10.1257/pol.20210702
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The free digital distribution of creative works could cannibalize demand for physical versions, but it could also boost physical sales by enabling consumers to discover the original work. We study the impact of the Google Books digitization project on the market for physical books. We find that digitization significantly boosts the demand for physical versions and provide evidence for the discov-ery channel. Moreover, digitization allows independent publish-ers to introduce new editions for existing books, further increasing sales. Our results highlight the potential of free digital distribu-tion to strengthen the demand for and supply of physical products. (JEL D12, L82, L86)
引用
收藏
页码：428 / 458
页数：31
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