

Victoria University, Melbourne, Australia
Associate Professor
Music Industry Program Coordinator
Acting Head, International Business, Education and Research Unit
B.Econ, LaTrobe University
M. Econ. (Preliminary) LaTrobe University
M.Econ (International Trade), Monash University
Ph.D, Victoria University.
Contact: phone (613) 919 4644 e-mail theo.papadopoulos@vu.edu.au
Areas of expertise:
Topic: international dimensions of trade in sound recordings
Title: The Economics of Copyright &
Parallel
Imports in the Music Recording Industry
Brief description:
Explores the range of motivating factors cited for copyright owner attempts to impede parallel trade, and their relevance to the market for sound recordings more specifically. Critically reviews the economic rationale for copyright owner control over parallel imports in the market for sound recordings. The key motivational factors relevant to this product class are monopoly power, price discrimination, free riding on territory specific investments, and piracy. In doing so, I present an analysis of the market for sound recordings and the prevailing competitive dynamics.
Topic: international music piracy
Title: Determinants of International Sound Recording Piracy
Brief description:
Examines the relative strength and significance of a range of institutional and economic variables thought to influence country specific piracy levels. Previous empirical studies of piracy have examined the influence of copyright convention membership, GDP per capita, corruption in the civil service and the strength of private property rights (Burke, 1996; Marron and Steel, 2000; Ronkainen and Guerrero-Cusumano, 2001). The contribution of this paper is the central role allocated to the affordability index (the ratio of legitimate price to average hourly earnings) and to the balance of trade in sound recording product. The estimated regression model identifies a positive and significant relationship between sound recording PMS and the price-earnings (PE) ratio. The model also suggests a direct (but insignificant) relationship between the balance of trade and PMS.
Publications:
Books
The Economics of Copyright, Parallel Imports and Piracy in the Music Recording Industry, Ausmusic, Melbourne, 2002.
Australian Economic Policy (2nd Edition), Deakin Australia, Geelong, 1997. (with M. McGillivray)
The Australian Economy: Principles, Policy and Performance, Thomas-Nelson Australia, Melbourne, 1995. (with M. McGillivray)
Refereed Articles in Journals
ÒRecord Labels, Artists and Finance: A Contribution to the Economic Analysis of Costs and the Equity of Recoupment Practices - A Reply to Alhadeff and SosnickÓ, Music and Entertainment Industry Educators Association Journal, forthcoming 2005
"Music Industry Mentoring: An Evaluation of the FReeZACentral Program" (with Rachel Crossthwaite) Music and Entertainment Industry Educators Association Journal, forthcoming 2005
ÒAn
Economic Analysis of Music
Recording Contract Recoupment ClausesÓ, Music and Entertainment
Industry
Educators Journal, Vol. 4, No. 1, pp. 83-104, 2004.
ÒCreating Pathways to Employment and Training in the Music Industry for YouthÓ (with Peter Chellew) Music and Entertainment Industry Educators Journal, Vol. 4, No. 1, pp. 13-27, 2004.
ÒPricing and Pirate Product Market FormationÓ Journal of Product and Brand Management (featuring Pricing Strategy & Practice), Vol. 13 No. 1, pp 56-63, 2004.
ÒDeterminants of International Sound Recording PiracyÓ Economic Bulletin, Vol. 6, No. 10, pp 1-9, 2003.
"The First-Sale Doctrine in International Intellectual Property Law: Trade in Copyright Related Entertainment Products", Entertainment Law, Vol. 2, No. 2, pp 40-60, 2003.
ÒThe Economic Case Against Copyright Owner Control Over Parallel Imports: The Market for Sound RecordingsÓ, The Journal of World Intellectual Property, Vol. 6, No. 2, pp. 329-357, 2003.
ÒA Theory of Black Markets for Intellectual Property Infringing ProductÓ Economic Research Network Educator, Social Science Research Network, May 2003.
ÒCopyright Law and Competition Policy: International AspectsÓ, Agenda, Vol. 9, No. 2, pp. 113-120, 2002.
ÒCopyright,
Parallel Imports and
National Welfare: The Australian Market for Sound RecordingsÓ,
The Australian
Economic Review, Vol. 33, No. 4, pp. 337-48, 2000.
"Offsets In International Trade: A Conceptual Framework", The Asian Economic Review, Volume XXXIX, No. 2, pp 189-203, 1997.
ÒCountertrade: An Evaluation of Existing HypothesesÓ Economic Analysis and Policy, Vol. 23 No.1, March, pp.15-28, 1993.
ÒThe Australian Civil Offsets Program: An Economic EvaluationÓ Economic Papers. Vol.38 No. 4, December, pp. 45-55, 1993.
$10,000 research grant provided by Victoria University to investigate and develop Learning in the Workplace opportunities for undergraduate music business and international trade majors (with Muhammad Mahmood).
$15,000 research grant provided by the Department of Innovation, Industry and Regional Development, Victoria Government, May 2003 to investigate ÒIdentifying Best Practice in Ethnic Chambers of CommerceÓ. (with S. Bakalis, J. Doughney and A. Morris)
$11,618 research grant provided by Victoria University (internal grants scheme) in 1998 to investigate the ÒThe Economics of Private Provision of Road Transport Infrastructure: the Case of MelbourneÕs CityLinkÓ. (with M. Trethewey)
$12,500 research grant provided by Victoria University (internal grants scheme) in 1993 to investigate ÒDifferential Unemployment Rates between and within Regions of the Melbourne Statistical Division: An Economic AnalysisÓ.
$820,000 provided by the Office for Youth, Victoria State Government, for the FreeZACentral project to provide music industry training (workshops), an industry mentorship program and music touring events conducted by youth participating in the program. (collaborative project with Mushroom Music and The Push), 2004.