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Media and Policy Table 3 . Difference-in-Differences Estimates of the Effects on Fund Diversion of Having a Newspaper: Average Grants Received as Share of Entitled Grants (percent) Group Year Panel A: Campaign experiment (no. observations: 444) 1995 2001 2001-1995 difference Access to newspapers 24.5 *** (2.87) 83.7 *** (1.94) 59.2 *** (3.46) No access to newspapers Access-no access difference 29.6 *** (5.40) -5.12 (6.10) 75.0 *** (3.11) 8.68 ** (3.66) 45.4 *** (6.22) 13.8 ** (7.13) Panel B: Control experiment
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Unformatted text preview: (no. observations: 417) 1991 1995 1991-1995 difference Access to newspapers 3.30 ** (1.30) 24.5 *** (2.87) 21.2 *** (3.14) No access to newspapers Access-no access difference 2.94 (1.93) 0.36 (2.32) 29.6 *** (5.40)-5.12 (6.10) 26.7 *** (5.73)-5.48 (6.61) ** Significant at the 5 percent level. *** Significant at the 1 percent level. Note : Numbers in parentheses are robust standard errors. Development Economics, LSE Summer School 2007 46...
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