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Internet Growth and Economic Theory

Author

Listed:
  • Rajeev K. Goel

    (Illinois State University)

  • Edward W.T. Hsieh

    (Illinois State University)

Abstract

This paper focuses on economic implications of the Internet. We argue that some effects of the Internet can be understood within the context of traditional economics. Specifically, the Internet has the potential to make market more contestable and hence more competitive. Policy issues are also discussed.

Suggested Citation

  • Rajeev K. Goel & Edward W.T. Hsieh, 2002. "Internet Growth and Economic Theory," Netnomics, Springer, vol. 4(2), pages 221-225, November.
    • Handle: RePEc:kap:netnom:v:4:y:2002:i:2:d:10.1023_a:1021225514442
    DOI: 10.1023/A:1021225514442
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    References listed on IDEAS

    as
    1. Elkin-Koren, Niva & Salzberger, Eli M., 1999. "Law and economics in cyberspace," International Review of Law and Economics, Elsevier, vol. 19(4), pages 553-581, December.
    2. Shepherd, William G, 1984. ""Contestability" vs. Competition," American Economic Review, American Economic Association, vol. 74(4), pages 572-587, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Rajeev K. Goel & Ummad Mazhar & James W. Saunoris, 2020. "Business operations, contestability, bureaucratic holdup, and bribe solicitations," Review of Development Economics, Wiley Blackwell, vol. 24(4), pages 1484-1510, November.
    2. Ishuan Li & Robert Simonson & Guncha Babajanova & Matthew Tuomala, 2016. "Smartphone Diffusion and Consumer Price Comparison Shopping Behavior: Implications for the Marketplace Fairness Act," Economics Bulletin, AccessEcon, vol. 36(3), pages 1337-1353.
    3. Simplice A. Asongu & Jacinta C. Nwachukwu, 2019. "ICT, Financial Sector Development and Financial Access," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(2), pages 465-490, June.
    4. Luo, Yusen & Lu, Zhengnan & Wu, Chao, 2023. "Can internet development accelerate the green innovation efficiency convergence: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    5. Aziz N. Berdiev & Rajeev K. Goel & James W. Saunoris, 2024. "Global cryptocurrency use, corruption, and the shadow economy: New insights into the underlying linkages," American Journal of Economics and Sociology, Wiley Blackwell, vol. 83(3), pages 609-629, May.
    6. Mignamissi, Dieudonné & Djijo T., Audrey J., 2021. "Digital divide and financial development in Africa," Telecommunications Policy, Elsevier, vol. 45(9).
    7. Goel, Rajeev K. & Mazhar, Ummad & Sayan, Serdar, 2021. "Strategic location of firms: Does it empower bribe givers or bribe takers?," Economic Systems, Elsevier, vol. 45(3).
    8. Charles Shaaba Saba & Nicholas Ngepah, 2022. "Nexus between telecommunication infrastructures, defence and economic growth: a global evidence," Netnomics, Springer, vol. 22(2), pages 139-177, October.
    9. Rajeev Goel, 2009. "Technological complementarities, demand, and market power," Netnomics, Springer, vol. 10(2), pages 161-170, October.
    10. Rajeev K. Goel & Michael A. Nelson, 2024. "Do college anti‐plagiarism/cheating policies have teeth in the age of AI? Exploratory evidence from the Internet," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(4), pages 2336-2347, June.
    11. German Blanco & Rajeev K. Goel & Rati Ram, 2023. "What drives the production and diffusion of mobile apps? An international investigation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 828-838, March.
    12. Huang, Jiashun & Li, Weiping & Guo, Lijia & Hall, Jim W., 2022. "Information and communications technology infrastructure and firm growth: An empirical study of China's cities," Telecommunications Policy, Elsevier, vol. 46(3).
    13. Rilwan Sakariyahu & Fatima Oyebola Etudaiye-Muhtar & Rodiat Lawal & Olayinka Oyekola, 2023. "Financial technology and human development in Africa: The moderating impact of energy poverty," Discussion Papers 2302, University of Exeter, Department of Economics.
    14. Edward Wei-Te Hsieh & Rajeev K. Goel, 2019. "Internet use and labor productivity growth: recent evidence from the U.S. and other OECD countries," Netnomics, Springer, vol. 20(2), pages 195-210, December.
    15. Rajeev K. Goel, 2018. "Foreign direct investment and entrepreneurship: gender differences across international economic freedom and taxation," Small Business Economics, Springer, vol. 50(4), pages 887-897, April.
    16. Rajeev K. Goel & Ummad Mazhar & James W. Saunoris, 2018. "Market Contestability and Bribe Solicitations: Evidence Across Stages of Firms' Operations," CESifo Working Paper Series 6981, CESifo.
    17. Tobias Widmer & Paul Karaenke & Vijayan Sugumaran, 2021. "Two‐sided service markets: Effects of quality differentiation on market efficiency," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(3), pages 588-604, April.
    18. Owusu-Agyei, Samuel & Okafor, Godwin & Chijoke-Mgbame, Aruoriwo Marian & Ohalehi, Paschal & Hasan, Fakhrul, 2020. "Internet adoption and financial development in sub-Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    19. Oyebola Etudaiye-Muhtar, Fatima & Johan, Sofia & Lawal, Rodiat & Sakariyahu, Rilwan, 2024. "Fintech, human development and energy poverty in sub-Saharan Africa," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 91(C).
    20. Rajeev K. Goel & Michael A. Nelson, 2021. "COVID-19 internet vaccination information and vaccine administration: evidence from the United States," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(4), pages 716-734, October.

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