How Cable News Reshaped Local Government

IF 5.5 1区经济学 Q1 ECONOMICS

American Economic Journal-Applied Economics Pub Date : 2023-10-01 DOI:10.1257/app.20210501

Elliott Ash, Sergio Galletta

引用次数: 0

Abstract

This paper shows that partisan cable news broadcasts have a causal effect on the size and composition of budgets in US localities. Using exogenous channel positioning as an instrument for viewership, we show that exposure to the conservative Fox News channel reduces revenues and expenditures. Multiple mechanisms drive these results: Fox News improves election chances for local Republicans, alters politician campaign agendas, and shifts voter policy preferences on fiscal issues. Consistent with the priorities of small-government conservatism, we find evidence that private provision compensates for the reduced public services. The “Fox News effect” extends beyond vote shares to rightward policy shifts. (JEL D72, H71, H72, H75, I20, L82)

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有线新闻如何重塑地方政府

本文表明，党派有线新闻广播对美国地方预算的规模和组成有因果影响。使用外生频道定位作为收视率的工具，我们表明，暴露于保守的福克斯新闻频道减少收入和支出。多种机制推动了这些结果:福克斯新闻提高了当地共和党人的选举机会，改变了政治家的竞选议程，并改变了选民在财政问题上的政策偏好。与小政府保守主义的优先事项一致，我们发现私人提供补偿减少的公共服务的证据。“福克斯新闻效应”不仅影响了选票份额，还影响了政策的右倾。(jel d72, h71, h72, h75, i20, l82)

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来源期刊

American Economic Journal-Applied Economics ECONOMICS-

CiteScore

9.10

自引率

1.60%

发文量

期刊介绍： American Economic Journal: Applied Economics publishes papers covering a range of topics in applied economics, with a focus on empirical microeconomic issues. In particular, we welcome papers on labor economics, development microeconomics, health, education, demography, empirical corporate finance, empirical studies of trade, and empirical behavioral economics.