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Release Pattern of Foreign Movies and Regulatory Effects of Screen Quota: A Micro Study
Journal of Regulation Studies
2008,
17(1), pp.41-70
DOI : 10.22954/ksrs.2008.17.1.002
Publisher : 한국규제학회
Research Area : Public Administration
DOI : 10.22954/ksrs.2008.17.1.002
Publisher : 한국규제학회
Research Area : Public Administration
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In this study, we investigate how so called screen quota, a quantitative regulation of foreign movies affected movie release decision of movie theaters in Korea by using micro data of individual theater between 1993-2004. Unlike most of previous studies, we can isolate the effects from other factors by comparing the theaters which have sufficed domestic movie quota with the theaters which are not yet freed from the constraint at a same point of time. Empirical results show that there is no statistical difference between two groups of movie theaters in the period of 2001-2004, but the theaters which had not fulfilled the quota obligation were releasing less foreign movies in 1993-1998, a recession period of the Korean movie industry. Variety effects of the regulation are not proved to have existed independent of period. That is, screen share of released Korean movies are not statistically different between two groups of theaters.
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