Can digital consumption boost physical consumption? The effect of online music streaming on record sales

Despite a consensus that sales of physical albums have declined with the increasing prevalence of digital music, this seemingly unequivocal observation may not be true. Physical formats still occupy a fraction of the market, with a noticeable increase in the sales of physical albums in a few countries where digital media is predominant. This study empirically examines the impact of two online music channels (streaming and downloading) on...