Music Downloads Don't Decrease Album Sales

DocForbin writes: Koleman Strumpf, Koch Professor of Economics at The University of Kansas, and Felix Oberholzer-Gee of Harvard University analyzed millions of music downloads from 2002. Their Conclusion: "Downloads have an effect on sales that is statistically indistinguishable from zero." The findings, initially published in 2004, faced heavy criticism. After re-analyzing the data, Strumpf and Oberholzer-Gee defended their conclusions again in the Feb. 14 issue of the Journal of Political Economy.