The Correlation between Taiwan’s Box Office Revenue and Economic Development

Abstract

Previous research has found that the expense ratio on regular expenditure is 5.04 times higher among people who hold a job than among people without a job. The expense ratio on irregular expenditure is 11.25 times higher among people with a job than among people without a job. Therefore, employment supports consumers being more worry-free at times of consumption. This study examines the correlation between the box office revenue of Taiwanese movies and the pace of economic development.

TOPICS: Private equity, emerging, in markets, statistical methods