2017
DOI: 10.1017/s1744137417000364
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The Hayek–Friedman hypothesis on the press: is there an association between economic freedom and press freedom?

Abstract: The Hayek–Friedman hypothesis states that economic freedom is causally associated with stable democracy. I test a particular element of the hypothesis focusing on press freedom, which is arguably a necessary component of any democratic polity. Combining the Freedom House index of press freedom and the Heritage Foundation Index of Economic Freedom yields a large annual panel dataset between 1993 and 2011. Estimates show that improvements in economic freedom are associated with subsequent improvements of press f… Show more

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Cited by 20 publications
(7 citation statements)
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“…This likely reflects the protection free media receive from independent judiciaries". One of several likely transmission mechanisms may indeed be that new governments, coming to power through a coup, are likely to restrict the independence of the judiciary and implement other policies that allow them to restrict press freedom (see Bjørnskov, 2018). Likewise, Kellam and Stein (2016) argue that a president is more likely to introduce constraints on the media, if more political power is concentrated in the executive.…”
Section: Discussionmentioning
confidence: 99%
“…This likely reflects the protection free media receive from independent judiciaries". One of several likely transmission mechanisms may indeed be that new governments, coming to power through a coup, are likely to restrict the independence of the judiciary and implement other policies that allow them to restrict press freedom (see Bjørnskov, 2018). Likewise, Kellam and Stein (2016) argue that a president is more likely to introduce constraints on the media, if more political power is concentrated in the executive.…”
Section: Discussionmentioning
confidence: 99%
“…One concern may be that democratic transitions are driven by economic development, as Papaioannou and Siourounis (2008a) observe over the 1960-2005 period or Boix (2011) over the 1800-2000 period. Bjørnskov (2018) also reports that improvements in press freedom follow improvements in economic freedom whereas Berggren and Bjørnskov (2019) observe that reforms undermine citizens' support for democracy. However, Boix (2011) also finds that the relationship becomes weaker during the post-war period, which covers our period of study.…”
Section: Empirical Methodsmentioning
confidence: 99%
“…One study looked at the impact of economic freedom on democratic survival (Boudreaux and Holcombe, 2017) and found that the outcome is positive and somewhat sizable. A different study (Bjørnskov, 2018) explored whether economic freedom aids press freedom (an important component of democracy) and likewise found a positive relationship. When looking at the disaggregated index, the study uncovered that the relationship is wholly driven by market openness (not, for instance, small government or any other component of economic freedom).…”
Section: The Relationship Between Neoliberalism and Democracy: A Pote...mentioning
confidence: 99%