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Original Articles

Increasing returns to information in the US popular music industry

Pages 327-331 | Published online: 18 Feb 2011
 

Abstract

Using data relating to ‘number one’ hits on the Billboard Hot 100 chart, we find clear evidence of increasing returns to information in the US market for popular music. This evidence supports related findings for the motion picture industry in various countries, and for Broadway productions.

Acknowledegment

I am very grateful to Matt Giles for his assistance with data compilation. A spreadsheet containing the data set is available from the author on request.

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