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Book synopsis

Telecommunications infrastructure is recognized as a§catalyst for economic§growth. The literature has identified how§infrastructure contributes to growth, ways that§telecommunications specifically contributes,§and empirically confirmed a significant, positive§bi-directional relationship§between telecommunications infrastructure and growth.§More recently, the technological innovations in§telecommunications in the 90s have sparked a debate§about whether these technologies have created a§"digital divide." This work reviews this underlying§theory and the debates surrounding this subject. §Data for this analysis include 79 countries for the§years 1981-2000. The model is regressed using§ordinary least squares, a panel-data method, and§finally it is instrumented to attempt to control for§endogeneity. The instruments utilized in§this investigation prove to be ineffective. The§results of the empirical work confirm§that there is a strong relationship between§telecommunications and growth; that the§technological revolution of the 1990s dramatically§strengthened this relationship;§and that these benefits are biased towards more§developed countries, confirming the§existence of a digital divide.

Book details

Book category Books in English Economics, finance, business & management Economics

• Full title: Telecommunications and Growth
• Subtitle: The Effect of Telecommunications Infrastructure on Economic Growth, 1980-2000
• Author: Phillip Stephenson
• Language: English
• Binding: Paperback
• Number of pages: 80
• EAN: 9783639061413
• ISBN: 3639061411
• ID: 06815536
• Publisher: VDM Verlag
• Weight: 118 g
• Dimensions: 229 × 152 × 4 mm
• Date of publishing: 08. December 2008

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