Radio's Impact on Public Spending
If informed voters receive favorable policies, then the invention of a new mass medium may affect government policies since it affects who is informed and who is not. These ideas are developed in a voting model. The model forms the basis for an empirical investigation of a major New Deal relief program implemented in the middle of the expansion period of radio. The main empirical finding is that U. S. counties with many radio listeners received more relief funds. More funds were allocated to poor counties with high unemployment, but controlling for these and other variables, the effects of radio are large and highly significant. © 2004 the President and Fellows of Harvard College and the Massachusetts Institute of Technology
Volume (Year): 119 (2004)
Issue (Month): 1 (February)
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