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- Timothy Besley
- Department of Economics and STICERD, London School of Economics, Houghton Street, London WC2A 2AE.
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- Andrea Prat
- Department of Economics and STICERD, London School of Economics, Houghton Street, London WC2A 2AE.
説明
<jats:p> 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. </jats:p>
収録刊行物
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- American Economic Review
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American Economic Review 96 (3), 720-736, 2006-05-01
American Economic Association
