Knowledge-Driven Economic Development

Bandyopadhyay, Sanghamitra

Knowledge-Driven Economic Development

Sanghamitra Bandyopadhyay (s.bandyopadhyay@qmul.ac.uk)

No 267, Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: This paper examines the impact of mass media and information and communications technologies (ICT) as knowledge-based infrastructures on economic development. The results strongly suggest that both mass media and ICT penetration are negatively associated with corruption. This result holds across both the entire sample (of both developed and developing countries), and only for developing countries. The same result is also obtained for the effects of ICT and mass media on economic inequality. However, ICT reveals itself inequality increasing for the developing country sample but inequality decreasing for the entire sample. Finally, lower poverty is robustly associated with higher media (newspaper circulation) penetration.

Keywords: Information and Communications Technologies; Mass Media; Economic Growth and Development; Poverty; Corruption; Inequality (search for similar items in EconPapers)
JEL-codes: D30 D80 O1 O57 (search for similar items in EconPapers)
Date: 2006-06-01
New Economics Papers: this item is included in nep-dev, nep-ict, nep-ino and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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