Replication data for: Ownership Consolidation and Product Characteristics: A Study of the US Daily Newspaper Market

This paper develops a structural model of newspaper markets
to analyze the effects of ownership consolidation, taking into
account not only firms' price adjustments but also the adjustments
in newspaper characteristics. A new dataset on newspaper prices
and characteristics is used to estimate the model. The paper then
simulates the effect of a merger in the Minneapolis newspaper
market and studies how welfare effects of mergers vary with market
characteristics. It finds that ignoring adjustments of product
characteristics causes substantial differences in estimated effects of
mergers.