Inflation and Broadband Revisited: Evidence from an OECD Panel. A replication study of Yi and Choi (Journal of Policy Modeling, 2005)

This note revisits the conjecture that the use of broadband internet lowers transaction costs and thereby inflation. Using a macro-economic panel of OECD countries, it replicates and expands previous estimations by Yi and Choi (2005). We confirm the direction of the results, but also highlight a series of conceptual and econometric issues in the original contribution that need to be addressed.

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Year of publication:	2018
Authors:	Friesenbichler, Klaus
Published in:	International Journal for Re-Views in Empirical Economics (IREE). - Kiel, Hamburg : ZBW – Leibniz Information Centre for Economics, ISSN 2566-8269. - Vol. 2.2018, 2018-1, p. 1-21
Publisher:	Kiel, Hamburg : ZBW – Leibniz Information Centre for Economics
Subject:	inflation \| broadband

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Research data:	https://doi.org/10.15456/iree.2018103.094134
Other identifiers:	10.18718/81781.5 [DOI] 1024842363 [GVK] hdl:10419/180654 [Handle] RePEc:zbw:ireejl:180654 [RePEc]
Classification:	E31 - Price Level; Inflation; Deflation ; O1 - Economic Development ; O3 - Technological Change; Research and Development
Source:	EconStor

Persistent link: https://www.econbiz.de/10011873762