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Media slant against foreign owners: Downsizing

Listed author(s):
  • Friebel, Guido
  • Heinz, Matthias

Using a unique data set from nationally distributed quality newspapers in Germany, we find evidence for both quantitative and qualitative media slant against foreign firms. A downsizing foreign firm receives almost twice as much attention as a domestic firm, and the tone of media reports is more negative. Media slant is a measure for economic xenophobia directed against foreign owners, which constitutes an obstacle to foreign direct investment.

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File URL: http://www.sciencedirect.com/science/article/pii/S0047272714001947
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Article provided by Elsevier in its journal Journal of Public Economics.

Volume (Year): 120 (2014)
Issue (Month): C ()
Pages: 97-106

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Handle: RePEc:eee:pubeco:v:120:y:2014:i:c:p:97-106
DOI: 10.1016/j.jpubeco.2014.09.001
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505578

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