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

* This paper is a replication of an original study

Author

Listed:
  • Friesenbichler, Klaus

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.

Suggested Citation

  • Friesenbichler, Klaus, 2018. "Inflation and Broadband Revisited: Evidence from an OECD Panel. A replication study of Yi and Choi (Journal of Policy Modeling, 2005)," International Journal for Re-Views in Empirical Economics (IREE), ZBW - Leibniz Information Centre for Economics, vol. 2(2018-1), pages 1-21.
    • Handle: RePEc:zbw:ireejl:180654
    DOI: 10.18718/81781.5
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    References listed on IDEAS

    as
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    Replication

    This item is a replication of:
  • Yi, Myung Hoon & Choi, Changkyu, 2005. "The effect of the Internet on inflation: Panel data evidence," Journal of Policy Modeling, Elsevier, vol. 27(7), pages 885-889, October.

    • More about this item

    Keywords

    inflation; broadband;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

    Lists

    This item is featured on the following reading lists, Wikipedia, or ReplicationWiki pages:
    1. Inflation and Broadband Revisited: Evidence from an OECD Panel. A replication study of Yi and Choi (Journal of Policy Modeling, 2005) (Int J Re-Views in Emp Econ 2018) in ReplicationWiki

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