Increasing returns to information: Evidence from the Hong Kong movie market

被引：27
|
作者：
Walls, WD
机构：
[1] School of Economics and Finance, University of Hong Kong, Pokfulam Road
来源：
APPLIED ECONOMICS LETTERS | 1997年 / 4卷 / 05期
关键词：
D O I：
10.1080/758532594
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We examine a sample of 300 movies that appeared on the top-10 charts in Hong Kong. We apply an empirical test proposed by Ijiri and Simon (1974) and find that movie revenues in the territory of Hong Kong are consistent with the hypothesis of increasing returns to information. This empirical result confirms the results of De Vany and Walls (1996) who found evidence of increasing returns to information in their analysis of movie data from the US Top-50 charts.
引用
收藏
页码：287 / 290
页数：4
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