Title

Exposing corruption: An empirical analysis of the role of mass media on corruption

Date of Publication

2014

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Defense Panel Chair

Luisito C. Abueg

Defense Panel Member

Joel Q. Tanchuco
Arlene B. Inocencio

Abstract/Summary

Corruption, labeled by the World Bank as the new archenemy of development, prompted various anti-corruption campaigns that enabled citizens to demand for accountability and transparency among government officials. Awareness, through the form of information given by the media, may affect people's perception on various economic concerns. With this, we identified intermediary social factors to effectively distinguish the causal mechanism between corruption and mass media. Through the use of the two-stage least square (2SLS) method, this paper selects the best instrumental variable to support that higher level of information penetration would spur awareness and consciousness among the society. In our results, we find that the heightened presence of media does imply a large effect on reducing corruption prevalence however, its impact is mostly prevalent in the short run. Nevertheless, the increasing interaction of the people with mass media instruments corroborates the reduction of information asymmetry between the people and the government since the increase in interaction poses a disincentive on officials to engage in fraudulent activities.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU20060

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

78 leaves ; 28 cm.

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