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Telecommunications infrastructure and economic growth : An analysis of causality

Author

Listed:
  • Cronin, Francis J.
  • Parker, Edwin B.
  • Colleran, Elisabeth K.
  • Gold, Mark A.

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.

Suggested Citation

  • Cronin, Francis J. & Parker, Edwin B. & Colleran, Elisabeth K. & Gold, Mark A., 1991. "Telecommunications infrastructure and economic growth : An analysis of causality," Telecommunications Policy, Elsevier, vol. 15(6), pages 529-535, December.
    • Handle: RePEc:eee:telpol:v:15:y:1991:i:6:p:529-535
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