The Impact of the Internet on Information Searching and Demand for Traditional Information Resources
Center for Applied Economics and Policy Research Working Paper No. 2011-005
31 Pages Posted: 31 May 2011
Date Written: May 19, 2011
The Internet is an efficient information search tool whose growth may have caused a structural change in information search and acquisition behaviors. This study investigates the effects of growing Internet accessibility on these behaviors. Using U.S. public library circulation counts to quantify changes in the use of information resources, the analysis indicates that greater Internet accessibility contributes to increased demand for traditional information sources. That is, a complementary relationship exists between Internet and traditional sources. Further, the results suggest that limiting Internet access can reduce the demand for traditional content. These outcomes imply that improvements in Internet accessibility can have profound effects on human capital development.
Keywords: circulated materials, high-speed Internet access, Internet use, ME-GMM, public libraries, information search behavior
JEL Classification: H52, L86, C33, L31
Suggested Citation: Suggested Citation