Is Faster Better? Quantifying the Relationship between Broadband Speed and Economic Growth

23 Pages Posted: 12 Mar 2018 Last revised: 20 Aug 2018

See all articles by George S. Ford

George S. Ford

Phoenix Center for Advanced Legal & Economic Public Policy Studies

Multiple version iconThere are 4 versions of this paper

Date Written: March 12, 2018

Abstract

We aim to quantify the relationship between higher broadband speeds (10 Mbps versus 25 Mbps) and the growth rates in important economic outcomes in U.S. counties including jobs, personal income, and labor earnings. Doing so exposes the potential for severe selection bias in studies of broadband’s economic impact, which is addressed in this study using Coarsened Exact Matching. We also revisit the Crandall, Lehr and Litan (2007) study on broadband’s effect on employment to evaluate the possible impacts of selection bias.

Keywords: Broadband, Economic Development, Causal Modeling

JEL Classification: L96

Suggested Citation

Ford, George S., Is Faster Better? Quantifying the Relationship between Broadband Speed and Economic Growth (March 12, 2018). TPRC 46: The 46th Research Conference on Communication, Information and Internet Policy 2018. Available at SSRN: https://ssrn.com/abstract=3138632 or http://dx.doi.org/10.2139/ssrn.3138632

George S. Ford (Contact Author)

Phoenix Center for Advanced Legal & Economic Public Policy Studies ( email )

5335 Wisconsin Avenue, NW
Suite 440
Washington, DC 20015
United States

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