The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America

Atkinson, Robert D.; Castro, Daniel; Ezell, Stephen

doi:10.2139/ssrn.1334688

Cited by 21 publications

(13 citation statements)

References 9 publications

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“…The tentative intermediate inputV 1 consisting of row vectors and the total intermediate input of the forecast year V(1) are compared, and the column modification factor S 1 to approximate them will be made.…”

Section: Methodsmentioning

confidence: 99%

An Analysis of the Economic Effects of NetworkIndustry by Applying Household Endogenous Model

Jeong¹,

Han²,

Chai³

et al. 2015

IJSH

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Section: Methodsmentioning

confidence: 99%

An Analysis of the Economic Effects of NetworkIndustry by Applying Household Endogenous Model

Jeong¹,

Han²,

Chai³

et al. 2015

IJSH

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“…Two ITIF studies, Atkinson et al (2009) and Liebenau et al (2009), estimate the employment effects of large scale broadband infrastructure investments in the U.S. and UK. For the U.S., Atkinson et al project a $10bn investment in broadband infrastructure will create (or retain) 498,000 jobs.…”

Section: "Forward Looking" Broadband Studiesmentioning

confidence: 99%

“…Fornefeld et al (2008), McKinsey (2008 3) E.g. Atkinson et al (2009), Scale and skill effects have been widely addressed in the technology diffusion literature. The scale effect states firms substitute physical for human capital, i.e.…”

Section: Investing In Broadband Infrastructure: Examining Individual mentioning

confidence: 99%

“…While technology diffusion and applied industrial organization literature take technology purchasing firms as a starting point for analyzing employment effects, studies such as and Atkinson et al (2009) analyze employment effects based on investments by telecommunication operators, the technology producing firms. The multiplier effects identified are all positive: investment creates jobs at the investing firm, at suppliers providing capital equipment required to deploy broadband, and in the construction business.…”

Section: Investing In Broadband Infrastructure: Examining Individual mentioning

confidence: 99%

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Investment in telecommunications infrastructure, growth and employment recent research

Wieck¹,

Vidal

2011

IJMNE

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Telecommunications investment has been identified as one with a strong potential to spur economic growth and create employment. Investments in telecommunications infrastructure could not only provide a short-term boost to the economy, but also lay the groundwork for long-term improved growth and employment perspectives. Many fiscal stimulus programs adopted by national governments to lessen the impact of the recession and boost economic recovery include substantial stimulus investments related to digital infrastructure. Terms of use: Documents inIndeed research findings indicate that telecom investment has an impact far beyond the scope of the industry itself, promoting growth in adjacent industries and creating new industries. Telecommunications investment explains up to one third of economic growth.With regard to employment, telecommunications investments have contrary effects: On the one hand, it is widely acknowledged telecom investments lead to significant productivity improvements. Increased efficiency is certainly beneficial for the economy; however, process optimization may lead to job losses. On the other hand, various direct and indirect employment effects can be identified that contribute to create new jobs. Therefore, the question arises whether negative or positive effects prevail.Our article gives an overview of the most important studies and their key findings, addressing methodology and assessing total contributions of telecom infrastructure investment to GDP growth and employment in important economies in Europe, North America and other parts of the world. We review ICT productivity studies, econometric studies analyzing the relationship between broadband infrastructure and economic development, and "forward looking" studies estimating the multiplier effects of telecom investments.Most evidence indicates a strong and robust positive relationship between telecom investment and both economic growth and employment. These results confirm that investments in digital infrastructure may significantly contribute to overcome the adverse effects of the economic crisis and improve long-term growth prospects.JEL codes: O47, L96, K23

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“…For broadband roll-out, 34 percent of the cost to the equipment supplying firms is in workforce compensation. 32 While most of that equipment manufacturing remains in the UK, around one quarter is likely to "leak out" to jobs outside of Britain. 33 Approximately 94,000 of the jobs generated from a ₤5 billion broadband investment would be created within small firms with fewer than 250 employees.…”

Section: Broadband Creates Jobs By Enabling the Emergence Of New Busimentioning

confidence: 99%

The UK's Digital Road to Recovery

Liebenau

Atkinson²,

Kärrberg

et al. 2009

SSRN Journal

Self Cite

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Rising unemployment in the UK threatens the welfare of hundreds of thousands of individuals, and exacerbates the current economic crisis. Spurring investment in the UK's infrastructure is an effective immediate strategy to compensate for the downturn.However, while investments to improve the country's traditional physical infrastructure (roads, bridges, sewer systems, etc.) are necessary and important, investments in certain parts of the UK's information and communication technology (ICT) resources, or digital infrastructures, will have a greater positive impact on jobs, while at the same time laying the groundwork for sustained productivity and innovation. The United Kingdom has made considerable efforts to be one of the leading nations in the production and utilisation of ICT; the current recession offers an opportunity to further, rather than undermine, those efforts.

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The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America

Cited by 21 publications

References 9 publications

An Analysis of the Economic Effects of NetworkIndustry by Applying Household Endogenous Model

An Analysis of the Economic Effects of NetworkIndustry by Applying Household Endogenous Model

Investment in telecommunications infrastructure, growth and employment recent research

The UK's Digital Road to Recovery

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