The Arts

A look at the Spanish film industry and its level of persistence

F. J. Gil-ruiz, L. A. Gil-alana, et al.

This study by Francisco José Gil-Ruiz, Luis Alberiko Gil-Alana, María Hernández-Herrera, and Raquel Ayestarán-Crespo delves into how the Spanish film industry evolved, particularly in the wake of the Covid-19 pandemic, revealing intriguing shifts in revenue persistence across various series. Discover the impact of the pandemic on theatre revenues and the discrepancies observed in the data.

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Abstract

This paper explores the Spanish film industry to analyze the evolution of Spanish movie theater revenues up to December 2021 using both aggregated and disaggregated data by area of origin. Based on fractional integration methods, the results showed a change in persistence in the series as a result of the Covid-19 pandemic. Lower degrees of persistence are observed in the aggregated data and in the series related with the US, implying shorter effects of shocks in these cases. Nevertheless, a substantial increase in persistence after the Covid-19 is observed in all series.

Publisher

Humanities and Social Sciences Communications

Published On

Jan 05, 2024

Authors

Francisco José Gil-Ruiz, Luis Alberiko Gil-Alana, María Hernández-Herrera, Raquel Ayestarán-Crespo

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