The Life Cycle of Daily Newspapers in The Netherlands: 1848–1997 |
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| Authors: | H.L. van Kranenburg Franz C. Palm Gerard A. Pfann |
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| Affiliation: | 1. Department of Quantitative Economics, Maastricht University, ???
2. Business Investment Research Center, Maastricht University and C.E.P.R, The Netherlands
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| Abstract: | In 1848 freedom of the press was written into the Constitution of the Kingdom of The Netherlands. This paper investigates the life cycle characteristics of the market for daily newspapers in The Netherlands since then. Life expectancy depends on the cyclical evolution of the number of daily newspapers through time. The life cycle of the competitive newspaper industry in The Netherlands is characterized by a turning period of turmoil during World War II. Models that aim at estimating the expected lifetime of newspapers should acknowledge the cyclical characteristics of the industry. |
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| Keywords: | density hazard function product life cycle newspapers |
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