Natural Resource Governance: Does Social Media Matter?

Kodila-Tedika, Oasis (2018): Natural Resource Governance: Does Social Media Matter?

Abstract

In this paper we study the relationship between communication and ”transparency of information” and governance by exploring the link between social media and natural resource governance. Using a cross-country analysis, we document a robust and statistically significant positive relationship between Facebook penetration (a proxy for social media) and natural resource governance. It follows that countries with higher facebook penetration levels enjoy natural resource governance of better quality than countries with low levels of facebook penetration. The positive effect of facebook is robust to controlling for other determinants of institutional quality, additional controls, outliers, inter alia.

• Item Type: MPRA Paper
• Language: English
• Keywords: Natural Resources, Rents, Institutions, Governance, Social Media, Facebook, Internet, Transparency of information
• Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D73 - Bureaucracy ; Administrative Processes in Public Organizations ; Corruption; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty; G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading; H - Public Economics > H1 - Structure and Scope of Government > H11 - Structure, Scope, and Performance of Government; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development; P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P26 - Political Economy ; Property Rights; P - Economic Systems > P4 - Other Economic Systems > P48 - Political Economy ; Legal Institutions ; Property Rights ; Natural Resources ; Energy ; Environment ; Regional Studies; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q34 - Natural Resources and Domestic and International Conflicts; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification

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