| Tekijä: | Roller, L.-H. Waverman, L. |
| Otsikko: | Telecommunications Infrastructure and Economic Development: A Simultaneous Approach |
| Lehti: | American Economic Review
2001 : SEP, VOL. 91:4, p. 909-923 |
| Asiasana: | TELECOMMUNICATIONS INDUSTRY ECONOMICS DEVELOPMENT |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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