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Please use this identifier to cite or link to this item: http://hdl.handle.net/10481/31499

Title: And the Oscar goes to ..... Peeeeedrooooo!
Authors: Aray, Henry
Agnani, Betty
Issue Date: 2007
Abstract: In this article we are interested in how the production of Spanish feature films reacts to an Oscar award. We use time series data for the 1953-2008 period and estimate a production function assuming that the Oscar effect accrues through an augmenting input factor. We consider a lag structure that allows the Oscar to have a diminishing effect over time. In general our evidence supports a positive Oscar effect. Nevertheless, the only significant Oscar award at the 1% and 5% levels is that of Talk to Her, which Penélope Cruz euphorically announced with her celebrated cry.
Sponsorship: The authors gratefully acknowledge financial support from the Spanish Ministry of Education and Science and the Junta de Andalucia through Projects SEJ2007-62081/ECON and SEJ-2547, respectively.
Publisher: Universidad de Granada. Departamento de Teoría e Historia Económica
Series/Report no.: The Papers;07/03
Keywords: Movie production
SUR model
Oscar Awards
Cobb-Douglas Production Function
URI: http://hdl.handle.net/10481/31499
Rights : Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License
Citation: Aray, H.; Agnani, B. And the Oscar goes to ..... Peeeeedrooooo!. Universidad de Granada. Departamento de Teoría e Historia Económica (2007). (The Papers; 07/03). [http://hdl.handle.net/10481/31499]
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