different book-valued based ratios, First, we explore the explanatory capacity of the simple book-market ratio on time …-sampling. Design/methodology/approach: We commence our analysis with the conventional book-market (bm) ratio and by failing to reject … the hypothesis of a unit root, we propose the modified book-market (mbm) ratio, whose construction is based on the long …

different book-valued based ratios, First, we explore the explanatory capacity of the simple book-market ratio on time …-sampling. Design/methodology/approach: We commence our analysis with the conventional book-market (bm) ratio and by failing to reject … the hypothesis of a unit root, we propose the modified book-market (mbm) ratio, whose construction is based on the long …

)actions (under)taken by EU institutions. The book market in Europe is characterized by diversity and fragmentation in comparison with …, for example, the American market, and is losing its share in the global book market with the development of book markets … contrast to the European book market, the Polish book market is gradually decreasing. The e-book market, which developed …