Arbeitspapier

Media bias and advertising: Evidence from a German car magazine

This paper investigates the existence of a possible media bias by analyzing the impact of automobile manufacturer's advertisements on automobile reviews in a leading German car magazine. By accounting for both endogeneity and sample selection using a two-step procedure, we find a positive impact of advertising volumes on test scores. The main advantage of our study is the measurement of technical characteristics of cars to explain test scores. Due to this kind of measurement, we avoid serious biases in estimating media bias caused by omitted variables.

Language
Englisch

Bibliographic citation
Series: Diskussionspapier ; No. 139

Classification
Wirtschaft
Information and Product Quality; Standardization and Compatibility
Entertainment; Media
Subject
Car magazines
Media bias
Selection model
Instrumental variable estimation

Event
Geistige Schöpfung
(who)
Dewenter, Ralf
Heimeshoff, Ulrich
Event
Veröffentlichung
(who)
Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
(where)
Hamburg
(when)
2014

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Dewenter, Ralf
  • Heimeshoff, Ulrich
  • Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre

Time of origin

  • 2014

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