Peitz, Martin; Waelbroeck, Patrick - 2004
We analyze the role of music downloading on the current downturn in CD sales. We provide 2000-2001 cross … potential loss from internet piracy using detailed survey data. We conclude the empirical analysis by forecasting CD sales for … 2002. The results suggest that internet piracy played a significant role in the decline in CD sales in 2001, but can hardly …
