Ivaldi, Marc; Nicolle, Ambre; Verboven, Frank; Zhang, Jiekai - In: Journal of Cultural Economics 48 (2023) 1, pp. 43-94
Do new digital consumption channels of music depress sales in old physical ones, or are they complementary? To answer this question, we exploit product-level variation in sales and prices of over 4 million products, observed weekly between 2014 and 2017 for the entire French market. A unique...