Broadband’s Relationship to Rural Housing Values

Steven Deller and Brian Whitacre
Additional contact information
Steven Deller: University of Wisconsin-Madison

Staff Paper Series from University of Wisconsin, Agricultural and Applied Economics

Abstract: Using data for remote rural U.S. counties (n=887) we estimate the impact of broadband Internet access on median housing value. We account for spatial dependencies in the joint determination of investments in broadband access and housing values using a modified version of the feasible generalized spatial two stage least squares (FGS2SLS) estimator suggested by Kelejian and Prucha (1998). The data support the central hypothesis that remote rural housing values are positively impacted by higher access. Our estimates suggest that there are declining returns to speed availability, with access to at least some type of Internet being more valuable than having only a very high-speed connection accessible.

Date: 2018-10
New Economics Papers: this item is included in nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://api.aae.wisc.edu/pubs/pdf/sps/stpap591.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecl:wisagr:591

Access Statistics for this paper

More papers in Staff Paper Series from University of Wisconsin, Agricultural and Applied Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().