Media Capture And Information Monopolization In Japan
AbstractIn this paper, we investigate the unique institution of the Japanese press industry called kisha club system, which is deemed as the symbol of media capture by the government, and collusion in the media industry. By tracing through its history, we show how the institution has developed as a result of the government's attempt to control the media, and the media's incentive to use the alluring opportunity provided by the government to limit the rivalry within the industry. We find that the distribution of political power is a major factor behind the collusive press-politics relationship. By providing a simple model that links the distribution of political power and the media capture, we explain why this institutional arrangement has been so persistent in Japan.
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Bibliographic InfoArticle provided by Japanese Economic Association in its journal Japanese Economic Review.
Volume (Year): 63 (2012)
Issue (Month): 1 (03)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1352-4739
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Other versions of this item:
- Au, Pak Hung & Kawai, Keiichi, 2010. "Media Capture and Information Monopolization in Japan," MPRA Paper 29686, University Library of Munich, Germany.
- N00 - Economic History - - General - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Timothy Besley & Andrea Prat, 2005.
"Handcuffs for the Grabbing Hand? Media Capture and Government Accountability,"
STICERD - Political Economy and Public Policy Paper Series
07, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Timothy Besley & Andrea Prat, 2006. "Handcuffs for the Grabbing Hand? Media Capture and Government Accountability," American Economic Review, American Economic Association, vol. 96(3), pages 720-736, June.
- Besley, Timothy J. & Prat, Andrea, 2002. "Handcuffs for the Grabbing Hand? Media Capture and Government Accountability," CEPR Discussion Papers 3132, C.E.P.R. Discussion Papers.
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