This Article 
   
 Share 
   
 Bibliographic References 
   
 Add to: 
 
Digg
Furl
Spurl
Blink
Simpy
Google
Del.icio.us
Y!MyWeb
 
 Search 
   
The 15-Billion-Dollar Broadband Bonus
July/August 2007 (vol. 27 no. 4)
pp. 5, 58
Shane Greenstein, Kellogg Graduate School of Management
What is the economic value created by the increasing use of broadband? There are two alternative economic concepts for understanding the value created by a new good, one pertaining to gross domestic product (GDP) and another pertaining to users. Greenstein combines the two concepts to estimate the overall economic value created by broadband. He estimates that broadband created at least an additional 15 billion dollars of economic value in 2006, but less than half of that shows up in GDP.
Index Terms:
economics, Internet access, broadband, gross domestic product
Citation:
Shane Greenstein, "The 15-Billion-Dollar Broadband Bonus," IEEE Micro, vol. 27, no. 4, pp. 5, 58, July-Aug. 2007, doi:10.1109/MM.2007.75
Usage of this product signifies your acceptance of the Terms of Use.