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The Value of the Internet as Entertainment in Five European Countries

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  • Smaranda Pantea
  • Bertin Martens

Abstract

We estimate the value of leisure online by applying Goolsbee and Klenow (2006) method to Nielsen Clickstream dataset, which covers the clickstream of more than 12,000 internet users in France, Germany, Italy, Spain and United Kingdom, in 2011. We find that the equivalent variation of welfare from leisure online for the average internet user was between 524 and 785 euros per year. At country level, it amounted to between 18 and 44 billion euros.

Suggested Citation

  • Smaranda Pantea & Bertin Martens, 2016. "The Value of the Internet as Entertainment in Five European Countries," Journal of Media Economics, Taylor & Francis Journals, vol. 29(1), pages 16-30, January.
    • Handle: RePEc:taf:jmedec:v:29:y:2016:i:1:p:16-30
    DOI: 10.1080/08997764.2015.1131701
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    References listed on IDEAS

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    1. Pénard, Thierry & Poussing, Nicolas & Suire, Raphaël, 2013. "Does the Internet make people happier?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 46(C), pages 105-116.
    2. Ward, Michael R., 2012. "Does time spent playing video games crowd out time spent studying?," 23rd European Regional ITS Conference, Vienna 2012 60374, International Telecommunications Society (ITS).
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    Cited by:

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    3. Cao, Yang, 2019. "Bifurcations in an Internet congestion control system with distributed delay," Applied Mathematics and Computation, Elsevier, vol. 347(C), pages 54-63.
    4. Kohei Kawaguchi & Toshifumi Kuroda & Susumu Sato, 2021. "Merger Analysis in the App Economy: An Empirical Model of Ad-Sponsored Media," HKUST CEP Working Papers Series 202103, HKUST Center for Economic Policy.

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