Handcuffs for the Grabbing Hand? Media Capture and Government Accountability

45 Pages Posted: 11 Jul 2008

See all articles by Timothy J. Besley

Timothy J. Besley

London School of Economics & Political Science (LSE) - Department of Economics; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

Andrea Prat

Centre for Economic Policy Research (CEPR); Columbia Business School - Finance and Economics

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Date Written: August 2005

Abstract

It has long been recognized that the media play an essential role in government accountability. However, even in the absence of censorship, 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

JEL Classification: I21, O15

Suggested Citation

Besley, Timothy J. and Prat, Andrea, Handcuffs for the Grabbing Hand? Media Capture and Government Accountability (August 2005). LSE STICERD Research Paper No. PEPP07. Available at SSRN: https://ssrn.com/abstract=1158329

Timothy J. Besley (Contact Author)

London School of Economics & Political Science (LSE) - Department of Economics ( email )

Houghton Street
London WC2A 2AE
United Kingdom
+44 20 7955 6702 (Phone)
+44 20 7955 6951 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Andrea Prat

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Columbia Business School - Finance and Economics ( email )

3022 Broadway
New York, NY 10027
United States

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