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Media and Policy TABLE V NEWSPAPERS AND RESPONSIVENESS: INSTRUMENTING WITH OWNERSHIP DATA Public food distribution Public food distribution Newspaper circulation Calamity relief exp Calamity relief exp Newspaper circulation (1) (2) (3) (4) (5) (6) Food grain production -0.023 (2.10) 0.055 (2.45) 0.000 (0.70) Flood damage 0.144 (4.40) 0.051 (1.23) 0.000 (0.62) Newspaper circulation 321.26 (2.36) 408.04 (3.14) 109.21 (2.66) 75.03 (1.87) Newspaper circulation* food grain production -0.683 (4.73) Newspaper circulation* flood damage 1.758 (1.89) Share of newspapers owned by individuals 0.023 (1.21) 0.011 (0.65) Share of newspapers owned by public joint stock
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Unformatted text preview: companies -0.139 (1.09) -0.127 (1.05) Share of newspapers owned by private joint stock companies -0.028 (0.37) 0.002 (0.03) Share of newspapers owned by societies or associations 0.081 (2.39) 0.070 (2.32) Share of newspapers owned by political parties -0.927 (5.19) -0.912 (5.39) Economic controls YES YES YES YES YES YES Political controls YES YES YES YES YES YES State effects YES YES YES YES YES YES Year effects YES YES YES YES YES YES Overidentification test p-value 0.97 0.91 0.97 0.98 F-test instruments (Prob>F) 5.70 5.93 Number of observations 438 438 439 443 443 445 Adjusted R 2 0.76 0.77 0.90 0.27 0.29 0.91 Development Economics, LSE Summer School 2007 57...
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