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Copyright Law And The Supply Of Creative Work: Evidence From The Movies, Ivan Paak Liang Png, Qiu-Hong Wang
Copyright Law And The Supply Of Creative Work: Evidence From The Movies, Ivan Paak Liang Png, Qiu-Hong Wang
Research Collection School Of Computing and Information Systems
There is almost no empirical evidence on the extent to whichcopyright law works in the sense of increasing the production of creative work.Here, we study the impact of two major changes in copyright law – the extensionof copyright term and the European Rental Directive – on the production ofmovies. In a panel of 23 OECD countries, among which 19 extendedcopyright term at various times between 1991–2005, we found no statisticallyrobust evidence that copyright term extension was associated with higher movie production.In a panel of 17 European countries between 1991–2005, wefound no statistically robust evidence that compliance with the RentalDirective was …