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Examining the relationship between economic growth and media in different economies: the role of press freedom, media corruption and diversity

Elena Ketteni and Theodora A. Maniou

Journal of Media Economics, 2025, vol. 37, issue 3, 85-104

Abstract: This work aims to examine the relationship between economic growth and media corruption, press freedom, and media diversity in 97 countries from 2002 to 2019. Research in this area is limited, even though the media are a significant institution and driver of growth in many economies. We use non-parametric techniques to establish the shape of these relationships without imposing restrictive functional form assumptions. Our findings suggest that significant and often non-linear relationships do exist; press freedom generally has a positive effect, while media corruption has a negative one. Mixed results are observed from media diversity, in both traditional and online media. Media features do appear to affect economic growth, the effects seem to vary and depend on the group of countries under investigation. Causality tests show that media features do affect growth, but the opposite is not true. These findings could be considered and evaluated for policy implementation.

Date: 2025
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DOI: 10.1080/08997764.2025.2478855

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