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Economists' Statement on U.S. Broadband Policy

AEI-Brookings Joint Center Working Paper No. 06-06-01

4 Pages Posted: 23 Mar 2006

See all articles by William J. Baumol

William J. Baumol

New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies; Leonard N. Stern School of Business - Department of Economics

Elizabeth E. Bailey

University of Pennsylvania - Business & Public Policy Department

Martin Neil Baily

Institute for International Economics; University of Maryland

Robert E. Litan

Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C.

Peter Cramton

University of Maryland - Department of Economics

Gerald R. Faulhaber

University of Pennsylvania - Wharton School

Kenneth Flamm

University of Texas at Austin - Lyndon B. Johnson School of Public Affairs

Richard Gilbert

University of California, Berkeley - Department of Economics

Austan Goolsbee

University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)

Shane M. Greenstein

National Bureau of Economic Research (NBER); Harvard University - Technology & Operations Management Unit

Robert W. Hahn

Technology Policy Institute; University of Oxford, Smith School

Robert E. Hall

Hoover Institution and Department of Economics, Stanford University; National Bureau of Economic Research (NBER)

Thomas W. Hazlett

Clemson University

Alfred E. Kahn

National Economic Research Associates Inc. (NERA) (Deceased)

John W. Mayo

Georgetown University - McDonough School of Business

Paul R. Milgrom

Stanford University

Janusz A. Ordover

New York University (NYU) - Department of Economics

Robert S. Pindyck

Massachusetts Institute of Technology (MIT) - Sloan School of Management; National Bureau of Economic Research (NBER)

Gregory L. Rosston

Stanford Institute for Economic Policy Research

Scott Savage

University of Colorado at Boulder - Department of Economics

Richard Schmalensee

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Howard A. Shelanski

Georgetown University Law Center

Pablo T. Spiller

University of California, Berkeley - Business & Public Policy Group

Hal R. Varian

School of Information; University of California, Berkeley - Operations and Information Technology Management Group; National Bureau of Economic Research (NBER)

Scott Wallsten

Technology Policy Institute

Dennis Weisman

Kansas State University - Department of Economics

David Teece

University of California, Berkeley - Business & Public Policy Group

Date Written: March 2006

Abstract

Broadband, or high-speed access to the Internet, has generated significant economic benefits. Certain regulations, however, are slowing investment and deterring entry into the broadband market. In this statement, we make two recommendations that would remedy these regulatory defects and thereby lower artificial barriers to competitive provision of broadband services.

JEL Classification: H00

Suggested Citation

Baumol, William J. and Bailey, Elizabeth E. and Baily, Martin Neil and Litan, Robert E. and Cramton, Peter C. and Faulhaber, Gerald R. and Flamm, Kenneth and Gilbert, Richard J. and Goolsbee, Austan and Greenstein, Shane M. and Greenstein, Shane M. and Hahn, Robert W. and Hall, Robert E. and Hazlett, Thomas W. and Kahn, Alfred E. and Mayo, John W. and Milgrom, Paul R. and Ordover, Janusz A. and Pindyck, Robert S. and Rosston, Gregory L. and Savage, Scott and Schmalensee, Richard and Shelanski, Howard A. and Spiller, Pablo T. and Varian, Hal R. and Wallsten, Scott and Weisman, Dennis and Teece, David J., Economists' Statement on U.S. Broadband Policy (March 2006). AEI-Brookings Joint Center Working Paper No. 06-06-01, Available at SSRN: https://ssrn.com/abstract=892009 or http://dx.doi.org/10.2139/ssrn.892009

William J. Baumol

New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies ( email )

New York, NY
United States
212-998-8943 (Phone)
212-995-3932 (Fax)

Leonard N. Stern School of Business - Department of Economics

269 Mercer Street
New York, NY 10003
United States

Elizabeth E. Bailey

University of Pennsylvania - Business & Public Policy Department ( email )

3641 Locust Walk
Philadelphia, PA 19104-6372
United States

Martin Neil Baily

Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036-1903
United States

University of Maryland

College Park
College Park, MD 20742
United States

Robert E. Litan

Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C. ( email )

1777 F Street, NW
Washington, DC 20006
United States

Peter C. Cramton

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States
301-405-6987 (Phone)
301-405-3542 (Fax)

Gerald R. Faulhaber

University of Pennsylvania - Wharton School ( email )

Steinberg-Dietrich Hall
Suite 1400
Philadelphia, PA 19104-6372
United States
215-898-7860 (Phone)

Kenneth Flamm

University of Texas at Austin - Lyndon B. Johnson School of Public Affairs ( email )

2300 Red River St., Stop E2700
PO Box Y
Austin, TX 78713
United States
512-471-8952 (Phone)
512-471-1835 (Fax)

Richard J. Gilbert

University of California, Berkeley - Department of Economics ( email )

549 Evans Hall #3880
Berkeley, CA 94720-3880
United States

Austan Goolsbee

University of Chicago - Booth School of Business ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
773-702-5869 (Phone)
773-702-0458 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Shane M. Greenstein

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Harvard University - Technology & Operations Management Unit ( email )

Boston, MA 02163
United States

Robert W. Hahn (Contact Author)

Technology Policy Institute ( email )

1401 Eye St. NW
Suite 505
Washington, DC 20005
United States

University of Oxford, Smith School ( email )

Oxford
United Kingdom

Robert E. Hall

Hoover Institution and Department of Economics, Stanford University ( email )

Stanford, CA 94305-6010
United States
650-723-2215 (Phone)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States
650-723-2215 (Phone)

Thomas W. Hazlett

Clemson University ( email )

Clemson, SC 29634
United States
8646563430 (Phone)
8646564192 (Fax)

HOME PAGE: http://hazlett.people.clemson.edu/

Alfred E. Kahn

National Economic Research Associates Inc. (NERA) (Deceased)

John W. Mayo

Georgetown University - McDonough School of Business ( email )

3700 O Street, NW
Washington, DC 20057
United States
(202) 687-6972 (Phone)
(202) 687-7310 (Fax)

Paul R. Milgrom

Stanford University ( email )

Landau Economics Building
579 Serra Mall
Stanford, CA 94305-6072
United States
+1-650-723-3397 (Phone)
+1-419-791-8545 (Fax)

HOME PAGE: www.milgrom.net

Janusz A. Ordover

New York University (NYU) - Department of Economics ( email )

269 Mercer Street, 7th Floor
New York, NY 10011
United States

Robert S. Pindyck

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

100 Main Street
Cambridge, MA 02139
United States
617-253-6641 (Phone)
617-258-6855 (Fax)

HOME PAGE: http://web.mit.edu/rpindyck/www/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

HOME PAGE: http://www.nber.org

Gregory L. Rosston

Stanford Institute for Economic Policy Research ( email )

Landau Economics Building
579 Serra Mall at Galvez St.
Stanford, CA 94305-6015
United States

Scott Savage

University of Colorado at Boulder - Department of Economics ( email )

Campus Box 256
Boulder, CO 80309
United States
303-735-1165 (Phone)
303-492-1112 (Fax)

HOME PAGE: http://holiday.colorado.edu/savages/

Richard Schmalensee

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

Room E62-525
Cambridge, MA 02142
United States
617-253-2957 (Phone)
617-258-6617 (Fax)

Howard A. Shelanski

Georgetown University Law Center ( email )

600 New Jersey Avenue, NW
Washington, DC 20001
United States

Pablo T. Spiller

University of California, Berkeley - Business & Public Policy Group ( email )

545 Student Services Building
Berkeley, CA 94720
United States
510-642-1502 (Phone)
510-642-2826 (Fax)

Hal R. Varian

School of Information ( email )

UC Berkeley
Berkeley, CA 94720-4600
United States
510-642-9980 (Phone)
510-642-5814 (Fax)

HOME PAGE: http://www.sims.berkeley.edu/~hal/people/hal/biography.html

University of California, Berkeley - Operations and Information Technology Management Group ( email )

545 Student Services Building
Berkeley, CA 94720
United States
510-643-6388 (Phone)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Scott Wallsten

Technology Policy Institute ( email )

409 12th St., SW
Ste 700
Washington, DC 20024
United States
2027309441 (Phone)

HOME PAGE: http://www.wallsten.net

Dennis Weisman

Kansas State University - Department of Economics ( email )

Manhattan, KS 66502-4001
United States

David J. Teece

University of California, Berkeley - Business & Public Policy Group ( email )

F402 Haas School of Business, #1930
Berkeley, CA 94720-1930
United States
(510) 642-4041 (Phone)

HOME PAGE: http://www.davidjteece.com/

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