@inproceedings{Czernich2010Broadband,
abstract = {We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and cable-TV networks predict maximum broadband penetration. We find that a 10 percentage-point increase in broadband penetration raises annual per-capita growth by 0.9-1.5 percentage points. Results are robust to country and year fixed effects and controlling for linear second-stage effects of our instruments. We verify that our instruments predict broadband penetration but not diffusion of contemporaneous technologies like mobile telephony and computers.},
address = {Frankfurt a. M.},
author = {Nina Czernich and Oliver Falck and Tobias Kretschmer and Ludger Woessmann},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O47; L96; K23; 330; Broadband; high-speed internet; technology diffusion; economic growth},
language = {eng},
number = {B14-V1},
publisher = {Verein f\"{u}r Socialpolitik},
series = {Beitr\"{a}ge zur Jahrestagung des Vereins f\"{u}r Socialpolitik 2010: \"{O}konomie der Familie - Session: Globalization and Technical Change},
title = {Broadband Infrastructure and Economic Growth},
url = {http://hdl.handle.net/10419/37226},
year = {2010}
}
