The Role of Foreign Direct Investment on Press Freedom

Kyklos, 2009, 62 (2), 239-257

26 Pages Posted: 25 Jan 2013

See all articles by Nabamita Dutta

Nabamita Dutta

University of Wisconsin, La Crosse

Sanjukta Roy

World Bank

Date Written: 2009

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

JEL Classification: O10, O12, F01

Suggested Citation

Dutta, Nabamita and Roy, Sanjukta, The Role of Foreign Direct Investment on Press Freedom (2009). Kyklos, 2009, 62 (2), 239-257 . Available at SSRN: https://ssrn.com/abstract=2206399

Nabamita Dutta (Contact Author)

University of Wisconsin, La Crosse ( email )

Dept. of Economics, 1725 State Street
La Crosse, WI 54601
United States
6087855294 (Phone)

Sanjukta Roy

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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