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

Klaus Friesenbichler

International Journal for Re-Views in Empirical Economics (IREE), 2018, vol. 2, issue 2018-1, 1-21

Abstract: 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.

Keywords: inflation; broadband (search for similar items in EconPapers)
JEL-codes: E31 O1 O3 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ireejl:180654

DOI: 10.18718/81781.5

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