Footnote:
In: Kyklos, 2009, 62 (2), 239-257
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2009 erstellt
Description:
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