@misc{10481/31499, year = {2007}, url = {http://hdl.handle.net/10481/31499}, 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.}, organization = {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}, keywords = {Movie production}, keywords = {SUR model}, keywords = {Oscar Awards}, keywords = {Cobb-Douglas Production Function}, title = {And the Oscar goes to ..... Peeeeedrooooo!}, author = {Aray, Henry and Agnani, Betty}, }