What Drives Media Bias? New Evidence From Recent Newspaper Closures

Autor:	Cagdas Agirdas
Rok vydání:	2015
Předmět:	Economics and Econometrics Inclusion (disability rights) Communication media_common.quotation_subject Advertising Media bias Moderation Metropolitan area Newspaper Politics Unemployment Economics Revenue Demographic economics media_common
Zdroj:	Journal of Media Economics. 28:123-141
ISSN:	1532-7736 0899-7764
DOI:	10.1080/08997764.2015.1063499
Popis:	With the advent of the Internet, many U.S. metropolitan areas have seen newspaper closures due to declining revenues. This provides the researcher with an opportunity to analyze the microeconomic sources of media bias. This article uses a large panel dataset of newspaper archives for 99 newspapers over 240 months (1990–2009). The author found that, after controlling for the unemployment rate, the change in unemployment rate, and the political preferences of surrounding metropolitan area, conservative newspapers report 17.4% more unemployment news when the President is a Democrat rather than a Republican, before the closure of a rival newspaper in the same media market. This effect is 12.8% for liberal newspapers. After the closure, these numbers are 3.5% and 1.1%, respectively. This moderation of media bias after closure of a rival newspaper is robust to the inclusion of newspaper size, newspaper fixed-effects or metropolitan area fixed-effects as controls. The author also found that newspapers in smaller...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d00dbd4adc28b5ab3509ad58be29d786 https://doi.org/10.1080/08997764.2015.1063499 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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