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A Study Of The Effect Of Economic Policies On The Domestic Film Market, Gyeoreh Lee
A Study Of The Effect Of Economic Policies On The Domestic Film Market, Gyeoreh Lee
MPA/MPP/MPFM Capstone Projects
These days, the U.S. films’ market share in the world is almost 70 percent and many countries have devised various means, including import quota, screen quota, subsidy, and tax concessions to protect the domestic film industry by preserving local film’s market share against U.S. film domination. Retaining these policies has important symbolic reasons because market share of the domestic film is related to preserving each country’s cultural sovereignty. However, the effectiveness of the economic policies is murky. If the policies do not bring any advantageous effect to the domestic film industry, there is no rational justification for sticking with them. …