The Impact of Foreign Direct Investment on Press Freedom
Nabamita Dutta () and
Sanjukta Roy ()
Kyklos, 2009, vol. 62, issue 2, 239-257
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.
Date: 2009
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https://doi.org/10.1111/j.1467-6435.2009.00434.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:kyklos:v:62:y:2009:i:2:p:239-257
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