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promotes domestic investment. We hypothesize that a free media may enhance socio-political stability creating a favorable … investment climate that attracts investment. A simultaneous equation model where investment and socio-political stability are …-political stability to generate a socio-political stability index. Media freedom may promote socio-political stability by making the …
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promotes domestic investment. We hypothesize that as media becomes freer socio-political stability is enhanced due to the … creation of a favorable business climate that attracts investment. A simultaneous equation model (SEM) where investment and …, provides a favorable business climate and, thus, investment is enhanced. The SEM model points to significant correlations, but …
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, multinational enterprises rather appear to be attracted by countries in which civil and political freedom is respected. Our finding …
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The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence.Our reading of the literature suggests that formal...
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