TY - JOUR
T1 - Economic indicators affecting the media reputation of a country:
T2 - the case of Chile (1990-2015)
AU - Leiva, Ricardo
AU - Kimber, David Israel
N1 - Publisher Copyright:
© 2019 by Emerald Publishing Limited All rights of reproduction in any form reserved.
PY - 2019
Y1 - 2019
N2 - The overall objective of this chapter is measuring the effect of key economic indicators and trends on the media reputation of an emergent country. The case analyzed is that of Chile, since 1990-2015. To deal with our objective, we measured the media reputation of Chile following validated criteria by Deephouse (2000). A regression analysis was conducted to test our hypothesis that the coefficient of media favorableness (CoMF) of a country depends on the favorable or unfavorable trend of key economic indicators of the country. The dependent variable of our model was the Chilean CoMF. Independent variables were the monthly GDP variation, the monthly unemployment rate, the monthly average of the stock exchange index, the monthly average fuel price, and the monthly average copper price (a very important commodity to Chile). Our results demonstrate that key economic indicators have a significant positive bearing on the media reputation of an emergent country as Chile, that is, when an emergent country is doing well economically, the press with a global scope tends to improve the reputation of that country, showing a more favorable image about it. In consequence, our hypothesis is supported. In the case of an emergent and small Western country as Chile, the price of commodities appears as the most important predictive indicator of its favorable or unfavorable country reputation. Other implications are discussed in the study.
AB - The overall objective of this chapter is measuring the effect of key economic indicators and trends on the media reputation of an emergent country. The case analyzed is that of Chile, since 1990-2015. To deal with our objective, we measured the media reputation of Chile following validated criteria by Deephouse (2000). A regression analysis was conducted to test our hypothesis that the coefficient of media favorableness (CoMF) of a country depends on the favorable or unfavorable trend of key economic indicators of the country. The dependent variable of our model was the Chilean CoMF. Independent variables were the monthly GDP variation, the monthly unemployment rate, the monthly average of the stock exchange index, the monthly average fuel price, and the monthly average copper price (a very important commodity to Chile). Our results demonstrate that key economic indicators have a significant positive bearing on the media reputation of an emergent country as Chile, that is, when an emergent country is doing well economically, the press with a global scope tends to improve the reputation of that country, showing a more favorable image about it. In consequence, our hypothesis is supported. In the case of an emergent and small Western country as Chile, the price of commodities appears as the most important predictive indicator of its favorable or unfavorable country reputation. Other implications are discussed in the study.
KW - Chile
KW - Country image
KW - Country reputation
KW - Economic indicators
KW - Media reputation
KW - Reputation
UR - http://www.scopus.com/inward/record.url?scp=85068177652&partnerID=8YFLogxK
U2 - 10.1108/S1064-485720190000018007
DO - 10.1108/S1064-485720190000018007
M3 - Article
AN - SCOPUS:85068177652
SN - 1064-4857
VL - 18
SP - 143
EP - 163
JO - Research in Global Strategic Management
JF - Research in Global Strategic Management
ER -
