Telecommunications Infrastructure and Economic Development: A Simultaneous Approach* In this paper we investigate how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the "information superhighway" and its potential impacts on the economy. We use evidence from 21 OECD countr...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries, while maintaining financial stability, and thus to ...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: − to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus t...

Knowledge has been widely recognised by economists as the most important factor of production in a “new economy”. The production and utilisation of knowledge is therefore essential for development. Some countries, Malaysia among others, have embarked on an ambitious plan to use knowledge as a base for economic development, by-passing earlier stages of industrialisation. Some commentators have, ...

In the past decades several attempts have been made to integrate socio-economic models with land use change (LUC) models. In most cases, however, there is a uni-directional relation from the socio-economic model(s) to the LUC model by providing land use demands based on demographic and economic developments. In this paper we present a model that allows for a more dynamic integration between bot...

If economic growth elsewhere raises an individual’s earning prospects relative to his present location, then the individual will move. However, if the individual can exploit economic growth elsewhere by commuting, he will not need to move to gain from the expansion. County-level data from eight states in the Midwest over the period 1969–1994 are used to show that local county population respond...

Competition is a crucial factor in driving economic growth. First, it places pressure on firms to increase their efficiency. Second, it ensures that more productive firms increase their market share at the expense of the less productive. These lower productivity firms may then exit the market, to be replaced by higher productivity firms. Third, in the presence of competition, firms will aim to ...