COVID-19's Impact on the Box office: Machine Learning and Difference-in-Difference

Yufan Zheng, Qiaoling Zhen, Minghao Tan, Haoran Hu, Choujun Zhan

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

2 Citations (Scopus)

Abstract

As COVID-19 continues to spread around the world, and non-pharmacological interventions (NPIs) continue to be strengthened, the impact of COVID-19 on the film industry has not yet been clearly quantified. In this study, the Difference-in-Difference model is used to quantify the impact of the COVID-19 pandemic on the box office. Results indicate that the COVID-19 pandemic has a significant negative effect on the daily global box office. Additionally, based on a research dataset containing information on movies and COVID-19, ten machine learning methods were used to build a prediction model of the cumulative global box office. The experimental results showed that Extremely Randomized Trees had the best predictive performance, and it was found that COVID-19 features helped improve the predictive performance of several models. © 2021 IEEE.
Original languageEnglish
Title of host publication2021 IEEE International Conference on Intelligent Systems and Knowledge Engineering (ISKE 2021)
PublisherIEEE
Pages458-463
Number of pages6
ISBN (Electronic)978-1-6654-0553-9, 978-1-6654-0552-2
ISBN (Print)978-1-6654-0554-6
DOIs
Publication statusPublished - Nov 2021
Externally publishedYes
Event16th International Conference on Intelligent Systems and Knowledge Engineering (ISKE 2021) - Chengdu, China
Duration: 26 Nov 202128 Nov 2021

Publication series

NameIEEE International Conference on Intelligent Systems and Knowledge Engineering, ISKE

Conference

Conference16th International Conference on Intelligent Systems and Knowledge Engineering (ISKE 2021)
Abbreviated titleISKE2021
PlaceChina
CityChengdu
Period26/11/2128/11/21

Research Keywords

  • COVID-19
  • Differencein-Difference
  • Machine learning
  • Movie

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