Handcuffs for the Grabbing Hand? Media Capture and Government Accountability

Authors: Besley, Timothy; Prat, Andrea

Source: The American Economic Review, Volume 96, Number 3, June 2006 , pp. 720-736(17)

Publisher: American Economic Association

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Abstract:

It has long been recognized that the media play an essential role in government accountability. Even in the absence of censorship, however, the government may influence news content by maintaining a "cozy" relationship with the media. This paper develops a model of democratic politics in which media capture is endogenous. The model offers insights into the features of the media market that determine the ability of the government to exercise such capture and hence to influence political outcomes.

Document Type: Research article

Publication date: 2006-06-01

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The American Economic Review is a general-interest economics journal. The journal is published quarterly and contains articles on a broad range of topics. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession.
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