The nexus between national and regional reporting of economic news: Evidence from the United Kingdom and Scotland

Dooruj Rambaccussing (Lead / Corresponding author), Andrzej Kwiatkowski (Lead / Corresponding author)

Research output: Contribution to journalArticlepeer-review

23 Downloads (Pure)

Abstract

Broadsheet newspapers are an important source of economic news. Using a unique dataset of more than489,000 articles over the last 20 years, this article asks the question whether newspapers published in Scotland communicate similar economic sentiments as UK-wide newspapers. The findings show that although Scottish and UK newspapers share a positive correlation, this relationship varies over time. There is evidenceof causality running mostly from the United Kingdom to Scotland. The Scottish Referendum 2014 has had animpact on newspaper reporting when there was more uncertainty in the communication. Individual newspapers respond differently during the referendum periods where some newspapers, The Daily Telegraph and Daily Record for instance reacted to the uncertainty rather strongly, whereas local newspapers represented news in a rather surprising positive note.
Original languageEnglish
Number of pages23
JournalBulletin of Economic Research
DOIs
Publication statusPublished - 5 Nov 2023

Keywords

  • Economic Sentiments
  • Regional
  • Scotland
  • Textual Analysis
  • Machine Learning
  • United Kingdom
  • Newspapers
  • economic sentiment
  • regional
  • textual analysis
  • newspapers

ASJC Scopus subject areas

  • Economics, Econometrics and Finance (miscellaneous)
  • Economics, Econometrics and Finance(all)
  • Economics and Econometrics

Fingerprint

Dive into the research topics of 'The nexus between national and regional reporting of economic news: Evidence from the United Kingdom and Scotland'. Together they form a unique fingerprint.

Cite this