IT'S A SMALL WORLD AFTER ALL: INTERNET ACCESS AND INSTITUTIONAL QUALITY.

Using a panel of up to 114 countries covering the years 1990 through 2010, we estimate the effect of Internet use on changes in countries' Economic Freedom of the World ( EFW) scores. The point estimates suggest that the marginal effect is generally positive. However, starting from above-average EFW...

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Publicado en:Contemporary Economic Policy Vol. 33; no. 4; pp. 649 - 668
Autores principales: Sheehan, Kathleen M., Young, Andrew T.
Formato: Artículo
Publicado: Wiley-Blackwell Oct2015
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: IT'S A SMALL WORLD AFTER ALL: INTERNET ACCESS AND INSTITUTIONAL QUALITY.
      aug:
        au:
          Sheehan, Kathleen M.
          Young, Andrew T.
        affil:
          Free Market Institute, Texas Tech University, Lubbock TX 79409‐5059
          College of Business and Economics, Division of Economics and Finance, West Virginia University, Morgantown WV 26505‐6025
      su:
        Internet access
        Internet
        Internet users
        Computer users
        Economic liberty
      sug:
        subj:
          Internet access
          Internet
          Internet users
          Computer users
          Internet Publishing and Broadcasting and Web Search Portals
          Wired Telecommunications Carriers
          Economic liberty
      ab: Using a panel of up to 114 countries covering the years 1990 through 2010, we estimate the effect of Internet use on changes in countries' Economic Freedom of the World ( EFW) scores. The point estimates suggest that the marginal effect is generally positive. However, starting from above-average EFW scores (>7.7 out of 10; examples in 2010 include the UK, Switzerland, and Hong Kong) the marginal effect turns negative. Taking this interaction into account, the marginal effect is positive and statistically significant for countries starting at initial EFW scores of around 6 or less. Examples of countries with 2010 EFW scores near this threshold include China, Nigeria, and Pakistan. We discuss mechanisms that potentially generate this conditional relationship between Internet use and institutional change. ( JEL O10, O43, P48)
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    language: English
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