Handcu ¤ s for the Grabbing Hand ? Media Capture and Government Accountability

@inproceedings{Besley2001HandcuS,
  title={Handcu ¤ s for the Grabbing Hand ? Media Capture and Government Accountability},
  author={Timothy J. Besley and Andrea Prat},
  year={2001}
}
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 in‡uence 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 o¤ers insights into the features of the media market that determine the ability of the government to exercise such capture and hence to in‡uence political 

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