@article{42013,
      recid = {42013},
      author = {Peitz, Martin and Waelbroeck, Patrick},
      title = {The Effect of Internet Piracy on Cd Sales : Cross-Section  Evidence},
      pages = {25 pages},
      abstract = {We analyze the role of music downloading on the current  downturn in CD sales. We provide 2000-2001 cross-country  evidence in support of the claim of losses due to internet  piracy made by the music industry. For the U.S. we also  assess the potential loss from internet piracy using  detailed survey data. We conclude the empirical analysis by  forecasting CD sales for 2002. The results suggest that  internet piracy played a significant role in the decline in  CD sales in 2001, but can hardly account for the subsequent  drop in 2002.},
      url = {http://tind.wipo.int/record/42013},
}