scholarly journals Newspapers in Times of Low Advertising Revenues

2019 ◽  
Vol 11 (3) ◽  
pp. 319-364 ◽  
Author(s):  
Charles Angelucci ◽  
Julia Cagé
Keyword(s):  
Difference In Differences ◽  
Subscription Price ◽  
Robust Evidence ◽  
Unique Dataset

We model the consequences on newspapers’ content and prices of a reduction in advertising revenues. Newspapers choose the size of their newsroom, and readers are heterogeneous in their ideal amount of journalistic-intensive content. We show that a reduction in advertising revenues lowers newspapers’ incentives to produce journalistic-intensive content. We also build a unique dataset on French newspapers between 1960 and 1974 and perform a difference-in-differences analysis exploiting the introduction of advertising on television, which affected national newspapers more severely than local ones. We find robust evidence of a decrease in the amount of journalistic-intensive content produced and the subscription price. (JEL L11, L82, M37)

scholarly journals Where Does Multinational Investment Go with Territorial Taxation? Evidence from the United Kingdom

2020 ◽  
Vol 12 (1) ◽  
pp. 325-358
Author(s):  
Li Liu
Keyword(s):  
United Kingdom ◽  
Causal Effect ◽  
European Countries ◽  
Difference In Differences ◽  
Tax System ◽  
Investment Rate ◽  
The United Kingdom ◽  
Percentage Points ◽  
The Difference ◽  
Unique Dataset

In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries. This paper assesses the causal effect of territorial taxation on real investments, using a unique dataset for multinational affiliates in 27 European countries and employing the difference-in-differences approach. It finds that the territorial reform has increased the investment rate of UK multinationals by 16.7 percentage points in low-tax countries. In the absence of any significant investment reduction elsewhere, the findings represent a likely increase in total outbound investment by UK multinationals. (JEL F23, G31, H25, H32, H87)

scholarly journals Do Elections Improve Constituency Responsiveness? Evidence from US Cities

2018 ◽  
Vol 8 (3) ◽  
pp. 459-476 ◽  
Author(s):  
Darin Christensen ◽  
Simon Ejdemyr
Keyword(s):  
New York ◽  
New York City ◽  
San Francisco ◽  
Policy Change ◽  
York City ◽  
Municipal Services ◽  
Difference In Differences ◽  
Us Cities ◽  
Differential Timing ◽  
Robust Evidence

AbstractDo elections motivate incumbent politicians to serve their voters? In this paper, we use millions of service requests placed by residents in US cities to measure constituency responsiveness. We then test whether an unusual policy change in New York City, which enabled city councilors to run for three rather than two terms in office, improved constituency responsiveness in previously term-limited councilors’ districts. Using difference-in-differences, we find robust evidence for this. Taking advantage of differential timing of local election races in New York City and San Francisco, we also find late-term improvements to responsiveness in districts represented by reelection-seeking incumbents. Elections improve municipal services, but also create cycles in constituency responsiveness. These findings have implications for theories of representative democracy.

scholarly journals Consumption Responses to Temporary Tax Incentives: Evidence from State Sales Tax Holidays

2017 ◽  
Vol 9 (4) ◽  
pp. 1-27 ◽  
Author(s):  
Sumit Agarwal ◽  
Nathan Marwell ◽  
Leslie McGranahan
Keyword(s):  
Credit Card ◽  
Tax Incentives ◽  
The State ◽  
Sales Tax ◽  
Consumer Expenditure ◽  
Difference In Differences ◽  
Consumer Expenditure Survey ◽  
Tax Holidays ◽  
Tax Changes ◽  
Unique Dataset

States offer sales tax holidays (STHs) temporarily exempting items like clothes, shoes, and school supplies from the state sales tax. Spending response to these temporary tax changes are investigated using two datasets: the Diary portion of the Consumer Expenditure Survey and a unique dataset of credit card transactions. Results based on a difference-in-differences methodology show that there are substantial increases in spending on covered goods during these holidays that are not offset by declines in spending before or after the holidays. (JEL D12, H25, H31, H71)

Evaluation of the impact of public investment programs on social and economic performance of territories

2019 ◽  
pp. 109-123
Author(s):  
I. E. Limonov ◽  
M. V. Nesena
Keyword(s):  
Bayesian Modeling ◽  
Positive Impact ◽  
Public Investment ◽  
Difference In Differences ◽  
The Public ◽  
Export Activity ◽  
Regional Investment ◽  
The Difference ◽  
The Impact ◽  
Development Institution

The purpose of this study is to evaluate the impact of public investment programs on the socio-economic development of territories. As a case, the federal target programs for the development of regions and investment programs of the financial development institution — Vnesheconombank, designed to solve the problems of regional development are considered. The impact of the public interventions were evaluated by the “difference in differences” method using Bayesian modeling. The results of the evaluation suggest the positive impact of federal target programs on the total factor productivity of regions and on innovation; and that regional investment programs of Vnesheconombank are improving the export activity. All of the investments considered are likely to have contributed to the reduction of unemployment, but their implementation has been accompanied by an increase in social inequality.

A Subtle but Intractable Problem? Public Attitudes to Sectarianism in 2014

2015 ◽  
Vol 24 (3) ◽  
pp. 266-287 ◽  
Author(s):  
Rachel Ormston ◽  
John Curtice ◽  
Stephen Hinchliffe ◽  
Anna Marcinkiewicz
Keyword(s):  
Public Opinion ◽  
Public Attitudes ◽  
Evidence Base ◽  
Social Attitudes ◽  
The Public ◽  
Public Beliefs ◽  
Intractable Problem ◽  
Robust Evidence

Discussion of sectarianism often focuses on evidence purporting to show discriminatory behaviour directed at Catholics or Protestants in Scotland. But attitudes also matter – in sustaining (or preventing) such discriminatory behaviours, and in understanding the nature of the ‘problem of sectarianism’ from the perspective of the Scottish public. This paper uses data from the Scottish Social Attitudes survey 2014. The survey fills a gap in the evidence base by providing robust evidence on what the public actually thinks about sectarianism in modern Scotland. It assesses public beliefs about the extent and nature of sectarianism and its perceived causes. Tensions in public opinion and differences in the attitudes of different sections of Scottish society are explored.

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