KNOWLEDGE-DRIVEN ECONOMIC DEVELOPMENT

This paper examines the impact of mass media and information andcommunications technologies (ICT) as knowledge-based infrastructures oneconomic development. The results strongly suggest that both mass me-dia and ICT penetration are negatively associated with corruption. Thisresult holds across both the entire sample (of both developed and develop-ing countries), and only for developing countries. The same result is alsoobtained for the e¤ects of ICT and mass media on economic inequality,.However, ICT reveals itself inequality increasing for the developing coun-try sample but inequality decreasing for the entire sample. Finally, lowerpoverty is robustly associated with higher media (newspaper circulation)penetration....