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BEGIN:VEVENT
UID:b3c4629cdebd0c2b6eb081e561cc9d17
CATEGORIES:Seminars
CREATED:20210521T212052
SUMMARY:Ruben Durante - Universitat Pompeu Fabra
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal
 ;"><strong><span style="font-size: 10.5pt; font-family: Helvetica, sans-ser
 if; color: #3c4043;">The Impact of Online Competition on Local Newspapers: 
 Evidence from the Introduction of Craigslist" </span></strong><span style="
 font-size: 10.5pt; font-family: Helvetica, sans-serif; color: #3c4043;">wit
 h </span><span style="font-size: 10.5pt; font-family: Helvetica, sans-serif
 ; color: #3c4043;"><a href="https://portal.cepr.org/user/46495"><span style
 ="color: #1a73e8;">Milena Djourelova</span></a></span><span style="font-siz
 e: 10.5pt; font-family: Helvetica, sans-serif; color: #3c4043;"> and </span
 ><span style="font-size: 10.5pt; font-family: Helvetica, sans-serif; color:
  #3c4043;"><a href="https://portal.cepr.org/user/75844"><span style="color:
  #1a73e8;">Gregory Martin</span></a></span></p><p style="margin-bottom: 0.0
 001pt; line-height: normal;"><span style="font-size: 10.5pt; font-family: H
 elvetica, sans-serif; color: #3c4043;">Abstract:</span></p><p style="text-a
 lign: justify;"><span style="font-size: 10.5pt; line-height: 107%; font-fam
 ily: Helvetica, sans-serif; color: #3c4043;">How does competition from onli
 ne platforms affect the organization, performance, and editorial choices of
  newspapers? And what are the implications of these changes for the informa
 tion voters are exposed to and for their political choices? We study these 
 questions using the staggered introduction of Craigslist - the world’s larg
 est online platform for classified advertising - across US counties between
  1995 and 2009. This setting allows us to separate the effect of competitio
 n for classified advertising from other changes brought about by the Intern
 et, and to compare newspapers that relied more or less heavily on classifie
 d ads ex ante. We find that, following the entry of Craigslist, local paper
 s experienced a significant decline in the number of newsroom and managemen
 t staff. Cuts in editorial staff disproportionately affected editors coveri
 ng politics. These organizational changes led to a reduction in news covera
 ge of politics and resulted in a decline in newspaper readership, which was
  not compensated by increased news consumption online or in other media. Fi
 nally, we document that this reduced exposure to political news coverage wa
 s associated with more party-line voting and increased ideological polariza
 tion in voters’ choice</span></p>
DTSTAMP:20260911T051736Z
DTSTART:20211021T163000Z
DTEND:20211021T180000Z
SEQUENCE:0
TRANSP:OPAQUE
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