The Dynamics of Home Computer Ownership in Greece

Posted: 18 Jul 2006

See all articles by Michael Demoussis

Michael Demoussis

University of Patras - Department of Economics

Nicholas Giannakopoulos

University of Patras - Department of Economics

Abstract

This paper investigates the ownership dynamics of home computers in Greece. Panel data at the household level for the period 1997-2001 and a dynamic random effects probit model are used for estimation purposes. We find that the probability of ownership is influenced by observed household characteristics (e.g., age, education, family composition, income and familiarity with technologically advanced durables), while genuine state dependence and unobserved heterogeneity constitute major sources of observed serial persistence. Furthermore, network effects seem to be at work. The results imply that the bridging of the digital divide between Greece and its E.U. partners is expected to follow a gradual long-term course.

Keywords: Computer ownership, Panel data, State dependence, Greece

JEL Classification: L63, C23

Suggested Citation

Demoussis, Michael and Giannakopoulos, Nicholas, The Dynamics of Home Computer Ownership in Greece. Information Economics and Policy, Vol. 18, No. 1, pp. 73-86, 2006. Available at SSRN: https://ssrn.com/abstract=916504

Michael Demoussis (Contact Author)

University of Patras - Department of Economics ( email )

Patras GR-265 04
Greece

HOME PAGE: http://www.geocities.com/michael_demoussis/

Nicholas Giannakopoulos

University of Patras - Department of Economics ( email )

Rio Patras
Achaia Rio
Patras GR-265 04
Greece

HOME PAGE: http://www.geocities.com/giannakopoulos_nicholas/index

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