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1 - Economic Perspectives

from Part I - Introduction

Published online by Cambridge University Press:  26 June 2020

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Summary

This chapter provides the economic framework and context in which entertainment and media businesses operate. Covers hours of work, growth rates, population effects, productivity, price effects, industry structures, valuation variables, and basic economic concepts.

Type
Chapter
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Entertainment Industry Economics
A Guide for Financial Analysis
, pp. 3 - 47
Publisher: Cambridge University Press
Print publication year: 2020

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References

Further Reading

Aeppel, T. (2015). “U.S. Productivity: Missing or in Hiding?” Wall Street Journal, July 17.Google Scholar
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Alexander, A., Owers, J., Carveth, R., et al., eds. (2004). Media Economics: Theory and Practice, 3rd ed. Mahwah, NJ: Lawrence Erlbaum Associates.Google Scholar
Aron, C. S. (1999). Working at Play: A History of Vacations in the United States. New York: Oxford University Press.Google Scholar
Athavaley, A. (2007). “Vacation Deflation: Breaks Get Shorter,” Wall Street Journal, August 15.Google Scholar
Cunningham, H. (2014). Time, Work and Leisure Life Changes Since 1700. Manchester University Press.Google Scholar
Cutler, B. (1990). “Where Does the Free Time Go?” American Demographics, 12(11)(November).Google Scholar
Cutler, B. (1983) “The Determinants of Working Hours,” OECD Employment Outlook, September.Google Scholar
Epstein, G. (1995). “Myth: Americans Are Working More. Fact: More Women Are Working,” Barron’s, April 3.Google Scholar
Filer, R. K., Hamermesh, D. S., and Rees, A. E. (1996). The Economics of Work and Play, 6th ed. New York: HarperCollins.Google Scholar
Gabriel, T. (1995). “A Generation’s Heritage: After the Boom, a Boomlet,” New York Times, February 12.Google Scholar
Gray, M. B. (1992). “Consumer Spending on Durables and Services in the 1980s,” Monthly Labor Review, 115(5)(May).Google Scholar
Harrington, S., ed. (2017). Entertainment Values: How Do We Assess Entertainment and Why Does It Matter? New York: Palgrave Macmillan.Google Scholar
Hedges, J. N. (1980). “The Workweek in 1979: Fewer but Longer Workdays,” Monthly Labor Review, 103(8)(August).Google Scholar
Hunnicutt, B. K. (1988). Work without End: Abandoning Shorter Hours for the Right to Work. Philadelphia: Temple University Press.Google Scholar
Jablonski, M., Kunze, K., and Otto, P. (1990). “Hours at Work: A New Base for BLS Productivity Statistics,” Monthly Labor Review, 113(2)(February).Google Scholar
Kirkland, K. (2000). “On the Decline in Average Weekly Hours Worked,” Monthly Labor Review, 123(7)(July).Google Scholar
Malabre, A. L., Jr., and Clark, L. H., Jr. (1992). “Productivity Statistics for the Service Sector May Understate Gains,” Wall Street Journal, August 12.Google Scholar
Marano, H. E. (1999). “The Power of Play,” Psychology Today, 32(4)(August).Google Scholar
Meyersohn, R., and Larrabee, E. (1958). “A Comprehensive Bibliography on Leisure, 1900–1958,” in Mass Leisure. Glencoe, IL: Simon & Schuster (Free Press). Also in American Journal of Sociology, 62(6)(May 1957).Google Scholar
Moore, G. H., and Hedges, J. N. (1971). “Trends in Labor and Leisure,” Monthly Labor Review, 94(2)(February).Google Scholar
Oi, W. (1971). “A Disneyland Dilemma: Two-Part Tariffs for a Mickey Mouse Monopoly,” Quarterly Journal of Economics, 85(February).Google Scholar
Owen, J. D. (1971). “The Demand for Leisure,” Journal of Political Economy, 79(1)(January/February).Google Scholar
Pollak, R. A., and Wachter, M. L. (1975). “The Relevance of the Household Production Function and Its Implications for the Allocation of Time,” Journal of Political Economy, 83(2).Google Scholar
Prescott, E. C. (2004). “Why Do Americans Work so Much More Than Europeans?” Quarterly Review, 28(1)(July). Federal Reserve Bank of Minneapolis.Google Scholar
Reilly, R. F., and Schweihs, R. P. (1999). Valuing Intangible Assets. New York: McGraw-Hill.Google Scholar
Rhoads, C. (2002). “Short Work Hours Undercut Europe in Economic Drive,” Wall Street Journal, August 8.Google Scholar
Robbins, L. (1930). “On the Elasticity of Income in Terms of Effort,” Economica, 10 (June).Google Scholar
Robinson, J. P., Martin, S., Glorieux, I., and Minnen, J. (2011). “The Overestimated Workweek Revisited,” Monthly Labor Review, 134(6)(June).Google Scholar
Toossi, M. (2012). “Labor Force Projections to 2020: A More Slowly Growing Workforce,” Monthly Labor Review, 135(1)(January).Google Scholar
Tribe, J. (2011). The Economics of Recreation, Leisure and Tourism. Oxford: Elsevier (Butterworth-Heinemann).Google Scholar

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