The economics of movies (revisited): A survey of recent literature

Abstract

Twenty years ago, there were all but a handful of scholarly studies published about the economics of the motion picture industry. Over the first decade of the new millennium, this changed dramatically and many studies began to appear in economics journals and those of cognate disciplines. The following, and most recent, decade has seen this trend continue and the literature on the “economics of movies” has well and truly matured. While economics and marketing disciplines still generate the most output, newer data-orientated disciplines have increasingly turned their attention towards the industry and its abundance of rich and relatively accessible data. This survey endeavors to concisely but comprehensively review recent literature related to this eternally fascinating industry.