|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/30590
|
| | |
| Title: | | Broadband infrastructure and economic growth  |
| Authors: | | Czernich, Nina Falck, Oliver Kretschmer, Tobias Woessmann, Ludger |
| Issue Date: | | 2009 |
| Series/Report no.: | | CESifo working paper 2861 |
| 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. |
| Subjects: | | broadband high-speed internet technology diffusion economic growth |
| JEL: | | O47 L96 K23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/30590
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|