The refining industry has changed over the past decades from one in which petroleum refining capacity primarily served local and regional markets to one in which trade in refined petroleum products has become more widespread. We investigate the hypothesis of increasing globalization by examining...

This study examines the impact of peer-to-peer (P2P) file-sharing on the Australian theatrical film industry. Using a large data set of torrent downloads observed on three popular P2P networks, we find evidence of a sales displacement effect on box office revenues. However, although...

We examine the theatrical market for moti on pictures in Thailand using a sample of films exhibited in 2004–2008. Using data on weekly and cumulative film revenues, we find strong evidence of increasing returns to info rmation as indicated by substantial concave departures from the Pareto...

Does Hollywood dominate world cinema markets with American taste, culture, and values through the exportation of films produced mainly for its domestic (US and Canada) market? Or does Hollywood supply the films that world audiences demand and, because of the logistics of distribution, screen...

Our objective in this paper is to quantify the impact of petroleum industry consolidation on refined product prices, controlling for other important factors that could also impact prices. Our empirical analysis focuses on the US petroleum refining industry using data on industry consolidation...

In recent years, Australian films have failed to capture the public’s attention at the Australian box office. Why? Do Australians have an aversion to their own films? Or does the release strategy—advertising/publicity expenditure and opening number of screens—explain the...

Low ethanol prices relative to the price of gasoline blendstock, and tax credits, have resulted in discretionary blending at wholesale terminals of ethanol into fuel supplies above required levels---a practice known as ethanol splashing in industry parlance. No one knows precisely where or in...