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Previous studies on consumer expenditures on media especially focus on the relationship between consumer expenditures on media and Gross National Income (GNI) based on the Principle of Relative Constancy (PRC) from macroeconomic aspect. Researches on consumer expenditures on media from macroeconomic aspect contribute to the understanding of media structure and development of media industry but it is not applicable to microeconomic aspect since it would lead to the ecological fallacy. In order to understand consumers’ expenditures on different media products, this study attempts to examine how the income of the audience, time spent on media and attitude influence consumers’ expenditures on media. This study reveals that income variable is positively correlated to consumer consumption on newspapers and internet but not magazines and television once other variables are controlled. The study also explores the significance of different media products with reference to their economic characteristics.

Fan-Bin Zeng. (2014) Exploring factors affecting consumer expenditures on media, Journal of Media Studies, Volume 29, Issue 2.
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