Ideology and Online News

Matthew Gentzkow, Jesse M. Shapiro

This chapter is a preliminary draft unless otherwise noted. It may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.

Chapter in forthcoming NBER book Economic Analysis of the Digital Economy, Avi Goldfarb, Shane Greenstein, and Catherine Tucker, editors
Conference held June 6-7, 2013
Forthcoming from University of Chicago Press

News consumption is moving online. If this move fundamentally changes how news is produced and consumed it will have important ramifications for politics. In this chapter the authors formulate a model of the supply and demand of news online that is motivated by descriptive features of online news consumption. The authors estimate the demand model using a combination of microdata and aggregate moments from a panel of Internet users. They evaluate the fit of the model to key features of the data and then use it to compute the predictions of the supply model. They also discuss how a model such as this can inform debates about the effects of the Internet on political polarization and other outcomes of interest.

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This paper was revised on April 22, 2014

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This chapter first appeared as NBER working paper w19675, Ideology and Online News, Matthew Gentzkow, Jesse M. Shapiro
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