Rational Addiction to News? : Habit Formation and Print Media Usage

Ralf Dewenter

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Journalism and Media Studies Media Studies and Communication Media Influence and Politics

Abstract

Quarterly data of magazine circulation are used to analyse the consumption behaviour of the readers of German popular magazines in a panel framework using OLS,2SLS and generalized method of moments techniques,in order to test the rational addiction hypothesis in respect with goods without any biological dependency.

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1988Testing for a Unit Root in Time Series Regression 2002Unit root tests in panel data: asymptotic and finite-sample properties 2016Increasing Returns and Path Dependence in the Economy 2001Moving to Opportunity in Boston: Early Results of a Randomized Mobility Experiment 1991The Company You Keep: The Effects of Family and Neighborhood on Disadvantaged Youths 1993Testing for a Unit Root 1970Habit Formation and Dynamic Demand Functions 2000Network Effects and Welfare Cultures*

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