Recent trends in the Cypriot electronic communications sector

Sofronis Clerides and Charalampos Karagiannakis ()
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Charalampos Karagiannakis: Economics Research Centre, University of Cyprus

Cyprus Economic Policy Review, 2016, vol. 10, issue 1, 27-55

Abstract: The electronic communications sector has experienced rapid growth and dramatic change in recent years. We quantify the development of the sector in Cyprus in two ways. First, we measure the sector’s contribution to economic output and provide comparisons with other European countries. The sector grew rapidly relative to the rest of the economy from 1995 until 2005 but much more slowly in the last decade. Second, we construct a price index for internet services using the hedonic methodology. Quality-adjusted prices of internet services dropped by 75% between 2005 and 2016, with most of the decline occurring between 2007-2012.

Keywords: Broadband; Internet access; Price index; DSL; Cable; Cyprus; Telecoms; Telecommunications (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:erc:cypepr:v:10:y:2016:i:1:p:27-55

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