Telecommunications infrastructure and economic growth: An analysis of causality

Francis J. Cronin, Edwin B. Parker, Elisabeth K. Colleran and Mark A. Gold

Telecommunications Policy, 1991, vol. 15, issue 6, 529-535

Abstract: Time series analyses of 31 years of US data (1958-88, inclusive) were consistent with two causal hypotheses. First, the level of US economic activity at any point in time is a reliable predictor ('cause') of the amount of US telecommunications investment at a later point in time. Second, the amount of US telecommunications investment at any point in time is a reliable predictor ('cause') of the level of US economic activity at a later point in time.

Date: 1991
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