Hollywood Economics: How extreme uncertainty shapes the film industry (Contemporary Politicaleconomy)

Book Description

Just how risky is the Movie industry? Is screenwriter William Goldman's claim that "nobody knows anything" really true? Can a star and a big opening change a movie's risks and return? Do studio executives really earn their huge paychecks?
These and many other questions are answered in Hollywood Economics. The book uses powerful analytical models to uncover the wild uncertainty that shapes the industry. The centerpiece of the analysis is the unpredictable and often chaotic dynamic behavior of motion picture audiences.
This unique and important book will be of interest to students and researchers involved in the economics of movies, industrial economics and business studies. The book will also be a real eye-opener for film writers, movie executives, finance and risk management professionals as well as more general movie fans.

Customer Reviews:

A skeptic looks at the movie business.......2007-05-28

How can you predict the success or failure of a film? Even if you can't predict with perfect accuracy, can you predict which movies will probably be a hit? For example, does a star guarantee a hit? Do big budgets matter? Do ratings ensure a certain level of profit? Does a movie's gross receipts in its first week predict its total gross over the entire run?

The media clearly shows that movie makers go for big stars in expensive racy or violent films that are widely distributed from the first week they open. This is what Hollywood thinks creates true hits. But think twice about trusting Hollywood instincts: Arthur De Vany looks at the empirical evidence on movie revenue and concludes that this conventional wisdom should be rejected.

De Vany shows that while stars and big budgets do indicate a movie's revenue scale, they do not predict its success. Big stars have made expensive turkeys (e.g. Waterworld starring Kevin Costner) while on the other hand huge hits have been produced without stars (e.g. Home Alone). One of the more interesting conclusions is that the old movie studio system understood implicitly that this business was unpredictable. Until the antitrust laws were used to break them up, the studios contracted stars, script writers, directors, distribution networks and movie theaters in order to own the entire stream of revenues all their movies would generate.

This way the old studio bosses could diversify their risk in what was essentially a portfolio of movies. They knew that they could not predict which of their films would be a hit so they insisted on owning them all and on managing costs so that the hits would pay for the turkeys, while leaving shareholders with a healthy return.

These results are fascinating and have a wide range of application beyond Hollywood, particularly in uncertain hit-or-miss industries as unrelated to the movies as are gold mining and oil drilling.

One word of warning. Despite what the blurb says, the book is technical. Each of the twelve chapters is a peer-reviewed academic paper in economics making full use of all the quantitative analysis tools available to a professional researcher. To get the full message, you need enough basic statistics to understand conditional probabilities, first and second moments, cumulative functions, linear regression, etc. However, each of these chapters also comes with an intro and conclusion worded in plain English. So as long as you're willing to trust the peer reviews, you don't actually need to do the math yourself.

Vincent Poirier, Dublin

profound and imaginative treatment of the movie biz.......2005-08-12

De Vany presents a profound and imaginative treatment of the economics of the movie business, one that has implications, not only for similar businesses such as publishing and music, but for our understanding of the dynamics of culture. When Richard Dawkins coined the term "meme" he unwittingly paved the way for tons and tons of sexy but shallow commentary on human culture. Though that is not what he set out to do - "meme" never shows up in the book - De Vany has given mathematical form to the behavior of movie memes and has demonstrated that it is the people who are in change, not the memes.

In the words of screen writer William Goldman, "nobody knows anything" about what happens to movies once they are released to the theatres. Most movies don't even break even, much less make a profit - not in theatrical release, which is what De Vany investigates. [These days, movies make money on DVDs and TV, but that's another story, told by Jay Epstein.] That's no way to run a business, but the problems are inherent in the nature of movies as a business venture. The deep and ineradicable condition of the business is that there is no reliable way to find out whether or not your movie has a market other than putting it on screens across the country and seeing if people come to watch.

Does having "bankable" names of the marquee guarantee that the movie will make bank? No. Does opening big on thousands of screens with PR from here to the moon guarantee that the movie will make bank? No. Does a small opening mean the film is doomed? No. Hence Goldman's remark.

But all is not chaos. Or rather it is, but chaos of the mathematical kind. De Vany shows that about 3 or 4 weeks into circulation movie dynamics (that is, the dynamics of people coming to theatres to watch a movie) hit a bifurcation. Most movies enter a trajectory that leads to diminishing attendance and no profits. But a few enter a trajectory that leads to continuing attendance and, eventually, a profit. Among these, a very few become block busters.

And those few come to dominate the statistics of movie economics. From the point of view of statistics based on the normal distribution those few are movies outliers and should be discounted. De Vany develops a statistical framework - he calls is the stable Paretian model - that gives proper attention to those block busters. The model is stable in the sense that it exhibits the same structure at all scales.

* * * * *

De Vany devotes particular attention to the structure of the movie business. During its glory years the industry was organized by the studio system. The studios owned both the means of production and the means of distribution. Stars, directors, writers, and craftspeople, all were on staff at the studios. When it came time to release films, the studio's distribution system went to work and the films went out to theaters owned by the studios and to independent theaters with long-term booking arrangement. The system worked well.

But in the 1950s an anti-trust action was brought against the studios and they were ordered to divest themselves of their theaters and stop the cozy booking arrangements. The result of that was that was that they lost the stars, directors, writers, and producers - who became independent contractors - and the costs of production went up. And those increased costs were passed on to the movie-goer.

De Vany argues, convincingly, that the studios were not a cartel that drove up prices for their own benefit. Rather, their arrangements, their ownership of theaters, helped them cope with the extreme uncertainty of the business. They had just enough direct control over exhibition practices to stabilize their income so that they could afford to keep the talent on staff. Once that stability was taken from them, they had to let the talent go. And that, in turn, meant that, each time a film was to be made, someone had to go out into the marketplace and put the team together, thus incurring transaction costs that didn't exist in the studio system.

* * * * *

An excellent book. Note that it's thick with mathmatics. But it also has lots of charts. You can read those even if you can't make sense of the equations.

Wow........2005-01-14

I skipped the high-falutin' parts with integral calculus...BUT: Anyone who is investing a nickel in ANY entertainment medium should read this book. The buying public is discerning, fickle and SMART. Crap stinks and the first to catch a wiff of a film that stinks are like Paul Revere coming out of the theater. On the other hand, a great film can fizzle due to any number of peculiar reasons such as distribution decisions or competing releases. There is also interesting treatment of the demise of studio-owned movie houses and an argument in favor of lifting the ban.

William Goldman ("nobody knows nothin'", or something like that) has it figured out: write screenplays and wait. The Princess Bride, case in point. He even wrote the book AFTER the movie hit big.

Let somebody else put his money into film production. There is a fine line between genius and lunacy...the buying public determines which he is.

Movies can be Diverse. Will the execs heed?.......2004-06-14

Hollywood Economics: How Extreme Uncertainty Shapes the Film Industry by Arthur De Vanyn (Routledge) (Hardcover)
What do stars do for a movie? Aside from earning a higher least revenue, a star movie has only a slightly higher chance of making a profit than a non-star movie De Vanyn shows. If the star's agent extracts the higher expected profit in the star's fee, then the movie almost surely will lose money. This De Vanyn calls the curse of the superstar.
Opening big and leading at the box office is a momentary success. A movie has to attain or sustain box-office dominance over many weeks to make major money. The size of the opening does not predict how the ensuing battles will evolve or how much money the film will take in. Why do executives compete so strongly for stars when they can assure no more than a higher expectation of a movie's least revenue? It seems to be based on a belief that the opening predicts how much a movie will make. That turns out to be false, as this study shows.
The articles are grouped into four parts: dynamics, wild uncertainty, judges and lawyers and extremes. There are three chapters in each of these parts. De Vanyn writes a brief introduction to each part noting the main issues, techniques and results of the papers contained therein. De Vanyn has not sacrificed rigor or completeness; these are refereed articles, published in scientific journals and their results have been independently confirmed and replicated by other authors many times over.
De Vanyn also provides a couple of new chapters that were not published previously. One of these concerns artists, primarily actors and directors. It examines how productive they are and how they are paid. De Vanyn establishes the Price-Evans law of artists, estimate the half life of a star and see if one can separate luck from talent in career patterns. In another new work for this book, De Vanyn puts all this work into a more complete model, a model that begins to bridge the gap between standard management and economic models and the reality of the business.
In the Epilogue he muses on how one might manage a business where nobody knows anything. It is here that De Vanyn takes up the fundamental flaws his research reveals about the way the modern corporate studio manages the movie business.
Finally perhaps we will see why conventional models fail spectacularly to explain the movies and why De Vanyn had to invent a new kind of economics to come to grips with this endlessly fascinating business. Perhaps De Vanyn has built a consistent and fundamental model of the industry that is of interest not just to scientists, but to movie fans and moviemakers, too. And De Vanyn shows that these models can be applied to other industries as well.
In science, as in the movies, creativity takes you to unexpected places. This study is exciting because we get unexpected and wonderful discoveries. It is hard to imagine at the outset that by applying high-brow mathematical and statistical science we end up proving Goldman's fundamental truth that, in the movies, "nobody knows anything."
None of these results is more surprising than finding out that, hard-headed science puts the creative process at the very center of the motion picture universe. There is no fool proof formula. Outcomes cannot be predicted. There is no reason for management to get in the way of the creative process. Now tell then that! Character, creativity and good story-telling trump everything else. Now let's see some fresh movies made!

Book Description

The revolution occurring in finance for low-income people refers to commercial microfinance—the delivery of financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions.

Lessons from Indonesia, volume 2 of The Microfinance Revolution, examines in the Indonesian context the principles and practices of commercial microfinance that were explored and analyzed in volume 1.

The first country to develop profitable microfinance on a large scale, Indonesia is home to the world's oldest and largest commercial microfinance institutions, as well as many others.

The book examines many financial institutions, with a special emphasis on Bank Rakyat Indonesia's microbanking system, which in the mid-1980s was transformed from a failed subsidized credit program to a nationwide commercial financial intermediary that now profitably provides microfinance services—savings and credit—to more than 20 million people. Commercial microbanking remained stable and profitable in Indonesia even as the country's financial system collapsed during the recent crisis. This volume shows why, and offers crucial lessons for developing countries everywhere.

Book Description

Updated cases, notes, and discussion of scholarly literature. Also a new chapter on the recurring themes on judicial federalism, which covers such topics as the long-running debate on parity between the state and federal courts. Also includes judicial review, abstention, and anti-injunction issues.

Book Description

The first all-in-one reference for the beet-sugar industry

Beet-Sugar Handbook is a practical and concise reference for technologists, chemists, farmers, and research personnel involved with the beet-sugar industry. It covers:

Basics of beet-sugar technology
Sugarbeet farming
Sugarbeet processing
Laboratory methods of analysis

The book also includes technologies that improve the operation and profitability of the beet-sugar factories, such as:

Juice-softening process
Molasses-softening process
Molasses-desugaring process
Refining cane-raw sugar in a beet-sugar factory

The book ends with a review of the following:

Environmental concerns of a beet-sugar factory
Basics of science related to sugar technology
Related tables for use in calculations

Written in a conversational, engaging style, the book is user friendly and practical in its presentation of relevant scientific and mathematical concepts for readers without a significant background in these areas. For ease of use, the book highlights important notes, defines technical terms, and presents units in both metric and British systems. Operating problem-solving related to all stations of sugarbeet processing, frequent practical examples, and given material/energy balances are other special features of this book.

Average customer rating:
Spreckels (CA) (Images of America)
Gary S. Breschini , Mona Gudgel , and Trudy Haversat
Manufacturer: Arcadia Publishing
ProductGroup: Book
Binding: Paperback

General | United States | Americas | History | Subjects | Books
California | State & Local | United States | Americas | History | Subjects | Books
West | State & Local | United States | Americas | History | Subjects | Books
Similar Items:

Salinas Valley (CA) (Images of America)

Early Salinas (CA) (Images of America)

Monterey County's North Coast and Coastal Valleys (CA) (Images of America)

San Antonio Valley (CA) (Images of America)

Carmel-by-the-Sea (CA) (Images of America)

ASIN: 0738546844
Release Date: 2006-10-16

Book Description

The community of Spreckels in the Salinas Valley was the manifestation of the dreams of immigrant Claus Spreckels, later known as the "Sugar King." Architect W. H. Weeks designed Spreckels Sugar Company's town near its massive sugar beet factory, the largest in the world. Neat rows of single-story homes sprang up on the valley floor, opening to workers in 1899. Spreckels also built a narrow-gauge railroad to cart his cargo to the docks at Moss Landing. Sugar beet production changed the focus of valley agriculture from dry to irrigated crops, resulting in the vast modern agricultural-industrial economy in today's "Salad Bowl of the World." Although Spreckels died in 1908, his company continued to own and operate the factory and much of the town until 1982, and almost 500 residents still call it home.

Religion, Politics, and Sugar: The Mormon Church, the Federal Government, and the Utah-Idaho Sugar Company, 1907-1921

Average customer rating:

the Mormon Church and business growth in Western states

Religion, Politics, and Sugar: The Mormon Church, the Federal Government, and the Utah-Idaho Sugar Company, 1907-1921
Matthew Godfrey
Manufacturer: Utah State University Press
ProductGroup: Book
Binding: Hardcover

Church & State | Religious Studies | Religion & Spirituality | Subjects | Books
Similar Items:

Before the Manifesto: The Life Writings of Mary Lois Walker Morris (Life Writings Frontier Women)

ASIN: 0874216583

Book Description

One famous target of Progressive Era attempts to rein in monopolistic big business was the eastern Sugar Trust. Less known is how federal regulators also tried to break monopoly control over beet sugar in the West by going after the Utah-Idaho Sugar Company, a business supported and controlled by the Latter-day Saints church and run by Mormon authorities. As sugar beet agriculture boomed, the Mormon church’s involvement led directly to monopolistic practices by Utah-Idaho Sugar and to federal investigations. Church leaders encouraged members, a majority population in much of the intermountain West, to patronize the company exclusively, as suppliers and consumers. As early as 1890, Mormon church president Wilford Woodruff had called missionaries to raise money for the fledgling company and asserted divine inspiration for church support.

Utah-Idaho bridged the cooperative, theocratic, self-sufficient economic model of nineteenth-century Mormonism and the integration of the Mormon West into the national market economy. Religion, Politics, and Sugar shows, through the example of an important western business, how national commercial, political, and legal forces in the
early twentieth century came west and, more specifically, how they affected the important role the Mormon church played in economic affairs in the region.

Customer Reviews:

the Mormon Church and business growth in Western states.......2007-06-19

The U. S. government's differences, including investigations and Congressional hearings, with the Utah-Idaho Sugar Company in the early part of the 1900s brought together a long-standing guardedness toward Mormonism with antimonopoly efforts of the era. The company was founded by the leading Mormon Wilford Woodruff in 1890 who later related, "The inspiration of the Lord to me is to build this factory." The company based on growing, processing, and distributing sugar beets throughout the states of the Intermountain West was virtually a department of the Mormon Church, the Church of Latter-Day Saints.

While the survival--not to mention prosperity--of the Utah-Idaho Sugar Company, originally the Utah Sugar Company, was touch-and-go in its early years, eventually it thrived, and came to be seen as a monopoly by antitrust legislators. Because of the importance of sugar beets in the Western economy and as food staple, which increased in importance during scarcities in World War I, the Mormon company inevitably attracted a high-level of Federal government attention and concern.

Godfrey is an associate historian with a Montana historical research group. A shorter version of the material of "Religion, Politics, and Sugar" won an award from the Mormon History Association. The company's rise to success from its precarious beginnings while struggling against concerted government efforts to change it is followed with a judicious selection of factual material, including parts of transcripts and other documents, and concise narrative.

In 1923, the Federal Trade Commission issued its findings against the company. These were overturned by the Eighth Circuit Court in 1927. The Mormon owners and operators of the Utah-Idaho Sugar Company saw their position as one of the members of the board of directors put it, "We were put to endless trouble and expense...for simply doing that which practically everybody else in the sugar business was doing." Despite its supposed monopolistic position in this industry, the company was able to survive from crashes in sugar prices coming in the 1920s and other economic troubles preceding the Depression only with financial aid from the U. S. government and the Church of Latter-Day Saints. The story of the sugar company during the years covers is of interest as well because of light it sheds on fundamental social, political, and economic changes in Utah and among the Mormons during this period. Godfrey focuses on how the actions of Mormon leaders of the company enabled it to succeed while at the same time become the target of Federal investigations.

Average customer rating:

Sugar Beet Crop (World Crop Series)
D.A. Cooke , and J.E. Scott
Manufacturer: Springer
ProductGroup: Book
Binding: Hardcover

General | Gardening & Horticulture | Home & Garden | Subjects | Books

Vegetables | Gardening & Horticulture | Home & Garden | Subjects | Books

General | Science | Subjects | Books

Food Science | Agricultural Sciences | Science | Subjects | Books

General | Agricultural Sciences | Science | Subjects | Books

Agronomy | Agricultural Sciences | Science | Subjects | Books

Crop Science | Agricultural Sciences | Science | Subjects | Books

Book Description

This definitive work on the sugar beet crop includes chapters on all important aspects of this commercially important crop. The impressive team of international authorities has provided an invaluable work of major importance to plant and agricultural scientists, food scientists, and all those involved in the sugar beet industry.

The Biography of Sugar (How Did That Get Here?)

Average customer rating:

The Biography of Sugar (How Did That Get Here?)
Rachel Eagen
Manufacturer: Crabtree Children's Books
ProductGroup: Book
Binding: Paperback

How Things Work | Science, Nature & How It Works | Children's Books | Subjects | Books

General | Ages 9-12 | Children's Books | Subjects | Books

History of Technology | Technology | Science | Subjects | Books

Ages 9-12 | Children's Books | 4-for-3 Books Store | Stores | Books

All 4-for-3 Deals | 4-for-3 Books Store | Stores | Books
Similar Items:

ASIN: 0778725219

The 2007 Import and Export Market for Raw Beet and Cane Sugars in Belgium

Average customer rating:

The 2007 Import and Export Market for Raw Beet and Cane Sugars in Belgium
Philip M. Parker
Manufacturer: ICON Group International, Inc.
ProductGroup: Book
Binding: Paperback
ASIN: 0497689820
Release Date: 2006-11-21

Book Description

On the demand side, exporters and strategic planners focusing on raw beet and cane sugars in Belgium face a number of questions. Which countries are supplying raw beet and cane sugars to Belgium? How important is Belgium compared to others in terms of the entire global and regional market? How much do the imports of raw beet and cane sugars vary from one country of origin to another in Belgium? On the supply side, Belgium also exports raw beet and cane sugars. Which countries receive the most exports from Belgium? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for raw beet and cane sugars in Belgium. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for raw beet and cane sugars for those countries serving Belgium via exports, or supplying from Belgium via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where Belgium fits into the world market for imported and exported raw beet and cane sugars. The total level of imports and exports on a worldwide basis, and those for Belgium in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Belgium is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Belgium compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

The 2007 Import and Export Market for Raw Beet and Cane Sugars in France

Average customer rating:

The 2007 Import and Export Market for Raw Beet and Cane Sugars in France
Philip M. Parker
Manufacturer: ICON Group International, Inc.
ProductGroup: Book
Binding: Paperback
ASIN: 049769011X
Release Date: 2006-11-21

Book Description

On the demand side, exporters and strategic planners focusing on raw beet and cane sugars in France face a number of questions. Which countries are supplying raw beet and cane sugars to France? How important is France compared to others in terms of the entire global and regional market? How much do the imports of raw beet and cane sugars vary from one country of origin to another in France? On the supply side, France also exports raw beet and cane sugars. Which countries receive the most exports from France? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for raw beet and cane sugars in France. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for raw beet and cane sugars for those countries serving France via exports, or supplying from France via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where France fits into the world market for imported and exported raw beet and cane sugars. The total level of imports and exports on a worldwide basis, and those for France in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that France is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize France compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

The 2007 Import and Export Market for Raw Beet and Cane Sugars in Germany

Average customer rating:

The 2007 Import and Export Market for Raw Beet and Cane Sugars in Germany
Philip M. Parker
Manufacturer: ICON Group International, Inc.
ProductGroup: Book
Binding: Paperback
ASIN: 0497690128
Release Date: 2006-11-21

Book Description

On the demand side, exporters and strategic planners focusing on raw beet and cane sugars in Germany face a number of questions. Which countries are supplying raw beet and cane sugars to Germany? How important is Germany compared to others in terms of the entire global and regional market? How much do the imports of raw beet and cane sugars vary from one country of origin to another in Germany? On the supply side, Germany also exports raw beet and cane sugars. Which countries receive the most exports from Germany? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for raw beet and cane sugars in Germany. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for raw beet and cane sugars for those countries serving Germany via exports, or supplying from Germany via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where Germany fits into the world market for imported and exported raw beet and cane sugars. The total level of imports and exports on a worldwide basis, and those for Germany in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Germany is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Germany compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

The 2007 Import and Export Market for Raw Beet and Cane Sugars in India

Average customer rating:

The 2007 Import and Export Market for Raw Beet and Cane Sugars in India
Philip M. Parker
Manufacturer: ICON Group International, Inc.
ProductGroup: Book
Binding: Paperback

Econometrics | Economics | Business & Investing | Subjects | Books
ASIN: 0497563959
Release Date: 2006-10-24

Book Description

On the demand side, exporters and strategic planners focusing on raw beet and cane sugars in India face a number of questions. Which countries are supplying raw beet and cane sugars to India? How important is India compared to others in terms of the entire global and regional market? How much do the imports of raw beet and cane sugars vary from one country of origin to another in India? On the supply side, India also exports raw beet and cane sugars. Which countries receive the most exports from India? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for raw beet and cane sugars in India. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for raw beet and cane sugars for those countries serving India via exports, or supplying from India via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where India fits into the world market for imported and exported raw beet and cane sugars. The total level of imports and exports on a worldwide basis, and those for India in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that India is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize India compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

The 2007 Import and Export Market for Raw Beet and Cane Sugars in Italy

Average customer rating:

The 2007 Import and Export Market for Raw Beet and Cane Sugars in Italy
Philip M. Parker
Manufacturer: ICON Group International, Inc.
ProductGroup: Book
Binding: Paperback
ASIN: 0497690136
Release Date: 2006-11-21

Book Description

On the demand side, exporters and strategic planners focusing on raw beet and cane sugars in Italy face a number of questions. Which countries are supplying raw beet and cane sugars to Italy? How important is Italy compared to others in terms of the entire global and regional market? How much do the imports of raw beet and cane sugars vary from one country of origin to another in Italy? On the supply side, Italy also exports raw beet and cane sugars. Which countries receive the most exports from Italy? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for raw beet and cane sugars in Italy. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for raw beet and cane sugars for those countries serving Italy via exports, or supplying from Italy via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where Italy fits into the world market for imported and exported raw beet and cane sugars. The total level of imports and exports on a worldwide basis, and those for Italy in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Italy is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Italy compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

Books:

Books Index

Books Home

Recommended Books