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Knowledge-based economic development: mass media and the weightless economy

Bandyopadhyay, Sanghamitra (2005) Knowledge-based economic development: mass media and the weightless economy. DARP, 74. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.

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Abstract

This paper examines the impact of mass media and information and commu- nications technologies (ICT) as knowledge-based infrastructures on economic development. The results suggest that both mass media and ICT penetra- tion are negatively associated with corruption. This result holds across both the entire sample (of both developed and developing countries), and only for developing countries. The same result is also obtained for the e¤ects of ICT and mass media on economic inequality,. However, ICT reveals itself inequal- ity increasing for the developing country sample but inequality decreasing for the entire sample. Finally, lower poverty is robustly associated with higher media (newspaper circulation) penetration.

Item Type: Monograph (Discussion Paper)
Official URL: http://sticerd.lse.ac.uk
Additional Information: © 2005 Sanghamitra Bandyopadhyay
Library of Congress subject classification: H Social Sciences > HB Economic Theory
Journal of Economic Literature Classification System: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D80 - General
O - Economic Development, Technological Change, and Growth > O1 - Economic Development
D - Microeconomics > D3 - Distribution > D30 - General
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O57 - Comparative Studies of Countries
Sets: Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Departments > Economics
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: 74
Date Deposited: 07 Jul 2008 08:12
URL: http://eprints.lse.ac.uk/6547/

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