The aim of the thesis is to examine the relationship between the course of the business cycle and the cycle of the Hollywood film industry. In the introductory section are raised theoretical approaches to the economic cycle, which seeks to clarify the causes of decline of economic activity, and compares the different recommendations. The next section is devoted to clarify the specifics of the film industry and provides a better understanding of non-transparent processes within the industry. The analytical part tests the causal relationship between the economic situation of the individual and the Hollywood studios, based on a sample of 90 observations using the Granger causality test and VAR model. Prior to empirical testing is provided a comprehensive analysis of the industry cycles from the inception to the present and is compared to the economic activity of the country. Finally, the confirmation or refutation of dependence and the result is compared with economic theory.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:81551 |
| Date | January 2011 |
| Creators | Hanáčková, Michaela |
| Contributors | Ševčík, Miroslav, Hřebík, Tomáš |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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