The commercial use of information on the Internet has produced substantial benefits for consumers. But, as the use of information online has increased, so have concerns about privacy. This paper discusses how the use of individuals� information for commercial purposes affects consumers, and the implications of restricting information availability in the interest of privacy.
Research Papers
Research Papers
Net Neutrality, Unbundling, and their Effects on International Investment in Next-Generation Networks
Network neutrality has been a contentious issue in the United States for several years, but is increasingly debated elsewhere, with the EU, several European countries, and the Japanese government all examining the issue.
Research Papers
Measuring the Effectiveness of the Broadband Stimulus Plan
The newly enacted economic stimulus package includes $7.2 billion in grants, loans, and loan guarantees to bring broadband to rural areas lacking high-speed Internet services. The American Recovery and Reinvestment Act of 2009 charges government agencies not only with choosing grant recipients and setting performance benchmarks, but also with measuring results. Only a carefully preplanned evaluation strategy will enable them to accurately assess the effectiveness of the broadband stimulus.
Research Papers
ICANN at a Crossroads: A Proposal for Better Governance and Performance
The Internet Corporation for Assigned Names and Numbers (ICANN) has control over extremely important aspects of the Internet, but is largely accountable to no one, according to a new study coauthored by Thomas M. Lenard and Lawrence J. White. ICANN�s governance structure should be dramatically reformed to make it more accountable before the current tie with the U.S. Department of Commerce is allowed to expire. Lenard is President and Senior Fellow at TPI; White is Professor of Economics at the NYU Stern School of Business.
Research Papers
The Budgetary Effects of High-Skilled Immigration Reform
Most economists believe that admitting more highly skilled workers from other countries is beneficial to the U.S. economy. This is particularly true of workers in the fields of science, technology, engineering, and mathematics (STEM). Immigration also has positive effects on the federal budget. Highly skilled workers pay more in taxes than less skilled workers and they are not likely to receive federal benefits, particularly in the near term.
Research Papers
Measuring the Digital Divide
Accurate measurement of digital divides is important for policy purposes, but existing methodologies and data have limited our ability to examine the issue. James Prieger and Wei-Min Hu compare the performance of alternative methods using a large dataset on DSL subscription, paying particular attention to whether women, blacks, and Hispanics catch up to others in broadband adoption. Duration analysis, which sheds light on how groups progress along adoption curves, reveals the most useful information about digital divides and how they change over time. Policymakers can use the information to identify groups for which a divide is widening rather than closing. Their results support the collection of broadband statistics in panel form, where the same households are followed over time.
Research Papers
The Broadband Bonus: Accounting for Broadband Internet
Professor Shane Greenstein, Elinor and Wendell Hobbs Professor at the Kellogg School of Management, Northwestern University, estimates that broadband adds about $10 billion per year in new GDP and another $5 billion in unmeasured consumer surplus. These are large effects, but smaller than some previous estimates. The reason for the difference is that most studies attribute all gains from the Internet to broadband, rather than just the gains that came from upgrading to broadband from dialup. Professor Greenstein’s research, based on the economics of new goods, will help give policymakers a more accurate estimate of the benefits of broadband subsidies. Professor Greenstein will discuss his findings at our event this Friday on Capitol Hill.
Research Papers
New research on broadband and economic growth
Kellogg School of Management Professor Shane Greenstein estimates that broadband adds about $10 billion per year in new GDP and another $5 billion in unmeasured consumer surplus. These are large effects, but smaller than some previous estimates. The reason for the difference is that most studies attribute all gains from the Internet to broadband, rather than just the gains that came from upgrading to broadband from dialup. Professor Greenstein’s research, based on the economics of new goods, will help give policymakers a more accurate estimate of the benefits of broadband subsidies.
Research Papers
I own the pipes, you call the tune: The net neutrality debate and its (ir)relevance for Europe
The debate of the so-called ?net neutrality? has been under the spotlight in the US for many years, whereas many believed it would not become an issue in Europe. However, over the past few months the need to revise the current regulatory framework to encourage investment in all-IP networks has led to greater attention for net neutrality and its consequences for investment and competition. After the Commission adopted a ?light-touch? approach to the issue at the end of 2007, the European Parliament has started to reconsider the issue, and it is reportedly considering a move towards more pro-neutrality rules. This paper summarises the main issues at hand in the net neutrality debate and the views expressed by advocates and opponents of the neutrality principle. The problem is described from a multi-sided market perspective, stressing the role of network operators as intermediaries in the ?layered? architecture of all-IP networks. Finally, the paper discusses whether the European regulatory framework and its interaction with ex post competition policy are likely to solve many of the concerns of net neutrality advocates without any need for ad hoc regulation; and whether currently proposed solutions are likely to prove welfare-enhancing and conducive to a better regulatory environment for future e-communications.