Broadband and Contributions to Economic Growth: The U.S. Experience and Future Direction

31 Pages Posted: 12 Jan 2010

See all articles by Lynne Holt

Lynne Holt

University of Florida - Public Utility Research Center

Mark A Jamison

University of Florida - Warrington College of Business Administration, Public Utility Research Center

Date Written: August 1, 2008

Abstract

There are many ways of examining how broadband relates to economic development. One that comes to mind is a country‘s global competitiveness. An index for measuring such competitiveness, the Global Competitiveness Index, ranks business competitiveness across 127 countries with the U.S. ranked first in 2007-2008 (Schwab and Porter 2007). The index‘s treatment of competitiveness is not confined to technology: technological readiness is one of 12 attributes (called pillars) of a country‘s relative competitiveness. If we want to better understand the effects of information communications technology (ICT), including broadband, on economic growth and productivity, we might consider the broader context in which ICT is deployed and the conditions under which it has most effectively contributed to economic growth. The measure for economic development, as used in the Global Competitiveness Index, is Gross Domestic Product (GDP) per capita, adjusted for purchasing power parity because it is considered the most comprehensive measure of national economic activity and is strongly correlated to a nation‘s living standard over time (Schwab and Porter 2007).

Suggested Citation

Holt, Lynne W. and Jamison, Mark A., Broadband and Contributions to Economic Growth: The U.S. Experience and Future Direction (August 1, 2008). Available at SSRN: https://ssrn.com/abstract=1535472 or http://dx.doi.org/10.2139/ssrn.1535472

Lynne W. Holt

University of Florida - Public Utility Research Center ( email )

Gainesville, FL 32611
United States
352-392-6148 (Phone)
352-392-7796 (Fax)

HOME PAGE: http://www.cba.ufl.edu/faculty/facultyinfo.asp?WEBID=2433

Mark A. Jamison (Contact Author)

University of Florida - Warrington College of Business Administration, Public Utility Research Center ( email )

PO Box 117142
Gainesville, FL 32611
United States
352-392-6148 (Phone)
352-392-7796 (Fax)

HOME PAGE: http://warrington.ufl.edu/purc/facultyinfo.asp?WEBID=1217

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