{"product_id":"telecommunications-and-growth-9783639061413","title":"Telecommunications and Growth","description":"\u003cp\u003e • Author(s): Phillip Stephenson\u003cbr\u003e • Publisher: VDM Verlag\u003cbr\u003e • Publisher Imprint: VDM Verlag\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003eTelecommunications infrastructure is recognized as a catalyst for economic growth. The literature has identified how infrastructure con-tributes to growth, ways that telecommunications specifically contri-butes, and empirically confirmed a significant, positive bi-directional relationship between telecommunications infrastructure and growth. More recently, the technological innovations in telecommunications in the 90s have sparked a debate about whether these technologies have created a \"digital divide.\" This work reviews this underlying theory and the debates surrounding this subject. Data for this analysis include 79 countries for the years 1981-2000. The model is regressed using ordinary least squares, a panel-data method, and finally it is in-strumented to attempt to control for endogeneity. The instruments utilized in this investigation prove to be ineffective. The results of the empirical work confirm that there is a strong relationship between telecommunications and growth; that the technological revolution of the 1990s dramatically strengthened this relationship; and that these benefits are biased towards more developed countries, confirming the existence of a digital divide.\u003c\/p\u003e","brand":"VDM Verlag","offers":[{"title":"Paperback","offer_id":46884805410967,"sku":"9783639061413","price":4510.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783639061413.webp?v=1770244826","url":"https:\/\/atlanticbooks.com\/products\/telecommunications-and-growth-9783639061413","provider":"Atlantic Books","version":"1.0","type":"link"}