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The Role of Foreign Direct Investment on Press Freedom

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Author Info
Dutta, Nabamita
Roy, Sanjukta

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Abstract

In 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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File URL: http://mpra.ub.uni-muenchen.de/10185/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 10185.

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Date of creation: 24 Apr 2008
Date of revision: 18 Jul 2008
Handle: RePEc:pra:mprapa:10185

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Related research
Keywords: Foreign Direct Investment; Press Freedom; Institutions;

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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

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  2. Timothy Besley & Robin Burgess, 2002. "The Political Economy Of Government Responsiveness: Theory And Evidence From India," The Quarterly Journal of Economics, MIT Press, vol. 117(4), pages 1415-1451, November. [Downloadable!] (restricted)
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  3. Dawson, John W, 1998. "Institutions, Investment, and Growth: New Cross-Country and Panel Data Evidence," Economic Inquiry, Oxford University Press, vol. 36(4), pages 603-19, October.
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  5. Steven D. Levitt, 2002. "Using Electoral Cycles in Police Hiring to Estimate the Effects of Police on Crime: Reply," American Economic Review, American Economic Association, vol. 92(4), pages 1244-1250, September. [Downloadable!]
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  9. Robert E. Lipsey, 2001. "Foreign Direct Investment and the Operations of Multinational Firms: Concepts, History, and Data," NBER Working Papers 8665, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  14. Georgy Egorov & Sergei Guriev & Konstantin Sonin, 2006. "Media Freedom, Bureaucratic Incentives, and the Resource Curse," CEDI Discussion Paper Series 06-10, Centre for Economic Development and Institutions(CEDI), Brunel University. [Downloadable!]
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  15. Robert E. Lipsey, 2000. "Interpreting Developed Countries' Foreign Direct Investment," NBER Working Papers 7810, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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