Can measures of broadband infrastructure improve predictions of economic growth?
AuthorsWalter J. Mayer, Gary Madden, Xin Dang
PublishedNovember 2014
Publisher20th ITS Biennial Conference, Rio de Janeiro, 2014
Number of Pages13
Research ThemesProductivity and Innovation
This paper investigates whether predictions of future economic growth can be improved by using standard measures of broadband infrastructure. The investigation is carried out by comparing the predictive accuracy of dynamic panel models of economic growth estimated with and without measures of broadband infrastructure. Tests of predictive accuracy are employed to test the hypothesis that measures of broadband infrastructure can improve predictions of GDP growth after controlling for standard growth determinants.
Related Projects
The Economic Impact of Broadband Speed versus Penetration
Improved access to broadband internet networks provides new business opportunities, not marketable solutions. That is, co-investments by decentralised firms is needed (in particular, SMEs) to realize innovative opportunities. However, investments in complementary inputs such as personal computers, software and human... Read article
The Bankwest Curtin Economics Centre team acknowledges the Wadjuk Nyungar people as the traditional owners of the land on which the Centre is situated.