File2-page50 - Besley & Burgess (2002) Media and Policy...

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Media and Policy Table 4 . Conditional Difference-in-Differences Estimates of the Effects on Fund Diversion of Having a Newspaper Specification 1 2 1995 29.6 *** (5.4) 49.2 *** (7.3) 2001 75.0 *** (3.1) 100.7 *** (7.5) Newspaper –5.12 (6.1) –2.18 (6.3) Newspaper*2001 13.8 ** (7.1) 14.0 ** (7.1) Income as control No Yes R 2 0.80 0.81 Number of schools 218 218 Number of observations 417 417 ** Significant at the 5 percent level. *** Significant at the 1 percent level. Note : Numbers in parentheses are robust standard errors. See appendix for definition of variables. Table 5 . Head Teacher Test Results Specification 1 2 3 4 5 6 Dependent variable Knowledge about grant formula a Knowledge about timing b Information about grant program c Knowledge about news events d Knowledge about local affairs e General political knowledge f Distance to nearest newspaper outlet –0.063 *** (.021) –0.040 ** (.020) –0.103 *** (.029) –0.039 *** (.010) –0.001 (.004) –0.013
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