- Shane Greenstein1, Ryan McDevitt2
- 1: Northwestern University, United States
- 2: University of Rochester, United States
- Publication Date
- 19 Apr 2012
- Bibliographic information
-
- No.:
- 197
- Pages
- 22
- DOI
- 10.1787/5k9bcwkg3hwf-en
This paper provides estimates of the economic value created by broadband Internet using measures of new gross domestic product and consumer surplus. The study finds that the economic value created in 30 OECD countries correlates roughly with the overall size of their broadband economies. In addition, price and quality data from the United States suggest that widespread adoption of broadband Internet has occurred without a dramatic decline in prices, which reflects an unobserved increase in broadband quality that conventional government statistics do not capture.
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