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dc.contributor.authorDjankov, Simeon
dc.contributor.authorCaralee, McLiesh
dc.contributor.authorNenova, Tatiana
dc.contributor.authorShleifer, Andrei
dc.date.accessioned2010-02-01T15:07:04Z
dc.date.issued2003
dc.identifier.citationDjankov, Simeon, Caralee McLiesh, Tatiana Nenova, and Andrei Shleifer. 2003. Who owns the media? Journal of Law and Economics 46(2): 341-381.en_US
dc.identifier.issn0022-2186en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:3606236
dc.description.abstractWe examine the patterns of media ownership in 97 countries around the world. We find that almost universally the largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting than in the printed media. We then examine two theories of government ownership of the media: the public interest (Pigouvian) theory, according to which government ownership cures market failures, and the public choice theory, according to which government ownership undermines political and economic freedom. The data support the second theory.en_US
dc.description.sponsorshipEconomicsen_US
dc.language.isoen_USen_US
dc.publisherUniversity of Chicago Pressen_US
dc.relation.isversionofhttp://dx.doi.org/10.1086/377116en_US
dash.licenseMETA_ONLY
dc.titleWho Owns the Media?en_US
dc.typeJournal Articleen_US
dc.description.versionVersion of Recorden_US
dc.relation.journalJournal of Law and Economics -Chicago-en_US
dash.depositing.authorShleifer, Andrei
dash.embargo.until10000-01-01
dc.date.available2010-02-01T15:07:04Z
dc.identifier.doi10.1086/377116*
dash.contributor.affiliatedShleifer, Andrei


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