Self-regulation vs state regulation: Evidence from cinema age restrictions
R Lampe, S McRae - International Journal of Industrial Organization, 2021 - Elsevier
This paper studies the effect of self-regulation on the leniency of cinema age restrictions
using cross-country variation in the classifications applied to 1922 movies released in 31
countries between 2002 and 2011. Our data show that restrictive classifications reduce box
office revenues, particularly for movies with wide box office appeal. These data also show
that self-regulated ratings agencies display greater leniency than state-regulated agencies
when classifying movies with wide appeal. However, consistent with theoretical models of …
using cross-country variation in the classifications applied to 1922 movies released in 31
countries between 2002 and 2011. Our data show that restrictive classifications reduce box
office revenues, particularly for movies with wide box office appeal. These data also show
that self-regulated ratings agencies display greater leniency than state-regulated agencies
when classifying movies with wide appeal. However, consistent with theoretical models of …
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