Television, code law, and integrated markets

The rise in network broadcasting may just be coincidental with the rise in federal regulation. Other possible explanations for the rise of the regulatory state include Democratic control of Congress and the size of the economy. Television ownership rates are herein found to have a negative relationship with the count of Federal Register pages. It is also noted that regulation at the state level was not completely crowded out by the rise in federal social regulation and the decline in economic regulation.