The Role of Foreign Direct Investment on Press Freedom
AbstractIn our paper we establish foreign direct investment (FDI) as a major determinant of media freedom. Global integration can strengthen the media sector financially, make it technologically enhanced and can also improve the economic environment as a whole. This, in turn, would work towards the enhancement of media freedom. The sample includes high, middle and low income economies. Using a panel of 115 countries over a period of 20 years, our results reveal that FDI is an absolute necessity for a free and efficient media. The results are robust to various alternate specifications and inclusion of additional control variables.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 10185.
Date of creation: 24 Apr 2008
Date of revision: 18 Jul 2008
Foreign Direct Investment; Press Freedom; Institutions;
Find related papers by JEL classification:
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- F01 - International Economics - - General - - - Global Outlook
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-08-31 (All new papers)
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