Bhattacharyya, Sambit and Hodler, Roland (2015) Media freedom and democracy in the fight against corruption. European Journal of Political Economy, 39. pp. 13-24. ISSN 0176-2680

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Abstract

Democratization and media freedom have been suggested as useful tools in the fight against political corruption, but so far their interplay in this fight has received scant attention. We present a game theoretic model which allows for varying quality of media freedom and democratic
institutions. The model predicts, among others, that democratization and media freedom are complements in the fight against political corruption. We test our theoretical predictions using differences-in-differences estimations and panel data covering 129 countries from 1980 to 2007. We find evidence of causal effects of democratization and media freedom on corruption,and that the two are complements. Our main results hold after controlling for income, country fixed effects, and continent-specific time-varying shocks.

Item Type:	Article
Schools and Departments:	School of Business, Management and Economics > Economics
Subjects:	H Social Sciences > HB Economic theory. Demography > HB0071 Economics as a science. Relation to other subjects
Depositing User:	Sambit Bhattacharyya
Date Deposited:	13 Apr 2015 08:21
Last Modified:	02 Jul 2019 22:20
URI:	http://sro.sussex.ac.uk/id/eprint/53637

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