Does Media Stimulate Reform Efforts?

This paper investigates to what extent media impacts political decisions. A viable practical approach to test the relationship between mass media and political actions is through the use of the World Bank’s Doing Business data, specifically, by ass...

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Main Authors: Ramalho, Rita, Saltane, Valentina
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/156301565975855947/Does-Media-Stimulate-Reform-Efforts
http://hdl.handle.net/10986/32296
id okr-10986-32296
recordtype oai_dc
spelling okr-10986-322962022-08-26T12:19:11Z Does Media Stimulate Reform Efforts? Ramalho, Rita Saltane, Valentina MEDIA BUSINESS ENVIRONMENT BUSINESS REFORM REGULATION DOING BUSINESS DEVELOPMENT POLITICAL ACTION MEDIA COVERAGE FREEDOM OF THE PRESS FIRM ENTRY CORRUPTION PERCEPTION INDEX This paper investigates to what extent media impacts political decisions. A viable practical approach to test the relationship between mass media and political actions is through the use of the World Bank’s Doing Business data, specifically, by assessing local media coverage of Doing Business and implementation of business regulatory reforms. The tested hypothesis is that countries with higher media coverage of Doing Business tend to carry out more business regulatory reforms, assuming one- and two-year lags between media coverage and reform implementation. To achieve this objective, the study put together a comprehensive data set that encompasses country-specific local media coverage of the Doing Business report in 190 economies. The study finds that local media coverage of Doing Business has a significant influence on regulators’ actions. First, the analysis shows that the number of local media articles tends to increase the probability of whether a country does any reform. Second, countries with greater media coverage of Doing Business indicators tend to have higher numbers of implemented reforms. 2019-08-19T14:23:56Z 2019-08-19T14:23:56Z 2019-08 Working Paper http://documents.worldbank.org/curated/en/156301565975855947/Does-Media-Stimulate-Reform-Efforts http://hdl.handle.net/10986/32296 English Policy Research Working Paper;No. 8984 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic MEDIA
BUSINESS ENVIRONMENT
BUSINESS REFORM
REGULATION
DOING BUSINESS
DEVELOPMENT
POLITICAL ACTION
MEDIA COVERAGE
FREEDOM OF THE PRESS
FIRM ENTRY
CORRUPTION PERCEPTION INDEX
spellingShingle MEDIA
BUSINESS ENVIRONMENT
BUSINESS REFORM
REGULATION
DOING BUSINESS
DEVELOPMENT
POLITICAL ACTION
MEDIA COVERAGE
FREEDOM OF THE PRESS
FIRM ENTRY
CORRUPTION PERCEPTION INDEX
Ramalho, Rita
Saltane, Valentina
Does Media Stimulate Reform Efforts?
relation Policy Research Working Paper;No. 8984
description This paper investigates to what extent media impacts political decisions. A viable practical approach to test the relationship between mass media and political actions is through the use of the World Bank’s Doing Business data, specifically, by assessing local media coverage of Doing Business and implementation of business regulatory reforms. The tested hypothesis is that countries with higher media coverage of Doing Business tend to carry out more business regulatory reforms, assuming one- and two-year lags between media coverage and reform implementation. To achieve this objective, the study put together a comprehensive data set that encompasses country-specific local media coverage of the Doing Business report in 190 economies. The study finds that local media coverage of Doing Business has a significant influence on regulators’ actions. First, the analysis shows that the number of local media articles tends to increase the probability of whether a country does any reform. Second, countries with greater media coverage of Doing Business indicators tend to have higher numbers of implemented reforms.
format Working Paper
author Ramalho, Rita
Saltane, Valentina
author_facet Ramalho, Rita
Saltane, Valentina
author_sort Ramalho, Rita
title Does Media Stimulate Reform Efforts?
title_short Does Media Stimulate Reform Efforts?
title_full Does Media Stimulate Reform Efforts?
title_fullStr Does Media Stimulate Reform Efforts?
title_full_unstemmed Does Media Stimulate Reform Efforts?
title_sort does media stimulate reform efforts?
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/156301565975855947/Does-Media-Stimulate-Reform-Efforts
http://hdl.handle.net/10986/32296
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