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Author:Roller, L.-H.
Waverman, L.
Title:Telecommunications Infrastructure and Economic Development: A Simultaneous Approach
Journal:American Economic Review
2001 : SEP, VOL. 91:4, p. 909-923
Index terms:TELECOMMUNICATIONS INDUSTRY
ECONOMICS
DEVELOPMENT
Language:eng
Abstract:In this paper the authors investigate how telecommunications infrastructure affects economic growth. The authors use evidence from 21 OECD countries over a 20-year period to examine the impacts that telecommunications developments may have had. The authors jointly estimate a micromodel for telecommunication investment with a macro production function. The authors find evidence of a significant positive causal link, especially when a critical mass of telecommunications infrastructure is present. Interestingly, the critical mass appears to be at a level of telecommunications infrastructure that is near universal service.
SCIMA record nr: 235060
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