Econometric-model of television ownership

Abstract

A Modified Log-Reciprocal model is proposed for time-series television ownership and is found to describe closely the British and Irish data. A similar model also fits the British time-series on the percentage of colour receivers and gives more plausible extra-sample predictions than the Logistic model also estimated. Experiments with Irish cross-section data suggest that income is the dominant influence with population density having a weak negative effect. Taking these factors into account, areas with multichannel reception do not appear to have systematically higher ownership rates than the single-channel areas.