Media slant against foreign owners: Downsizing

• 成果类型: Article
• 署名作者: Friebel, Guido; Heinz, Matthias
• 署名单位: Goethe University Frankfurt; Centre for Economic Policy Research - UK; IZA Institute Labor Economics; University of Cologne
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2014.09.001
• 发表日期: 2014
• 页码: 97-106
• 关键词: Media economics; GLOBALIZATION; Economic xenophobia; Multi-national enterprises; Foreign direct investment

摘要

Using a unique data set from nationally distributed quality newspapers in Germany, we find evidence for both quantitative and qualitative media slant against foreign firms. A downsizing foreign firm receives almost twice as much attention as a domestic firm, and the tone of media reports is more negative. Media slant is a measure for economic xenophobia directed against foreign owners, which constitutes an obstacle to foreign direct investment. (C) 2014 Elsevier B.V. All rights reserved.