{"product_id":"telecommunications-and-growth-phillip-stephenson-9783639061413","title":"Telecommunications and Growth","description":"Telecommunications 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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Phillip Stephenson\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3639061411\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783639061413\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e VDM Verlag\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/08\/2008\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 80\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.26lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.17d","brand":"Phillip Stephenson","offers":[{"title":"Paperback","offer_id":47611870478591,"sku":"9783639061413","price":52.92,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_63f547de-8860-41d2-95a5-3e1432dae88c.jpg?v=1764516626","url":"https:\/\/www.whiterainbookhouse.com\/products\/telecommunications-and-growth-phillip-stephenson-9783639061413","provider":"WR Book House","version":"1.0","type":"link"}