The Role of Foreign Direct Investment on Press Freedom

Nabamita Dutta () and Sanjukta Roy ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Foreign Direct Investment; Press Freedom; Institutions (search for similar items in EconPapers)
JEL-codes: F01 O10 O12 (search for similar items in EconPapers)
Date: 2008-04-24, Revised 2008-07-18
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:10185

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