The Social Rate of Return of Mobile Broadband Infrastructure Investment


Book Description

The social rate of return of mobile broadband infrastructure is an important indicator for informing the allocation of public and private capital to the telecommunications sector, yet no estimates are currently available in the literature. The consensus in the literature is that to estimate the social rate of return of infrastructure one must combine two components: first, the value added of the infrastructure to the economy (or numerator of the rate of return); and second, the incremental cost of infrastructure expansion.In recent years, significant literature has begun to accumulate measuring the output elasticity of broadband infrastructure (Vergara Cobos and Malasquez, 2023). Using cross-country panel data econometrics and micro-econometric approaches, reliable estimation of the marginal product associated with rising service penetration is possible. On the other hand, there has been substantial progress in modeling the global cost of mobile broadband infrastructure deployment (Oughton, 2023), enabling evaluation of system marginal cost at the country level. This paper brings both strands of the literature together to estimate the social rate of return for investments in (primarily) 4G mobile networks, adapting a methodology first used by Canning and Bennathan (2000) for the electricity and transport sectors. The paper contributes to the literature by exploring how both the marginal product and the marginal cost of mobile broadband infrastructure investment evolve as penetration rises. We enhance this previous method in two ways. Firstly, by estimating the causal effect of mobile broadband infrastructure on economic output (GDP) via a General Method of Moments - Instrumental Variable (GMM-IV) technique. Secondly, by calculating the marginal cost of mobile broadband infrastructure using demand forecasting and remote sensing, following Oughton (2023).The social rate of return of mobile broadband investment is of high importance because it informs the cost-benefit analysis of future investment policy decisions. Consistent with economic theory, the paper finds that the marginal product of mobile broadband infrastructure declines at higher levels of penetration, while the marginal cost increases. This leads to very high rates of return (40-60%) for investments at very low levels of penetration (10%), declining rapidly to modest rates of return (




Frontiers of Broadband, Electronic and Mobile Commerce


Book Description

Russel Cooper and Gary Madden The present volume analyses the frontiers of broadband, electronic and mobile commerce markets. High-capacity and intelligent mobile telecommunication net works have resulted in new services, such as SMS and Internet banking. Growth in mobile Internet network infrastructure and subscription has provided a base for the development of e-commerce. Accordingly, recent research on broadband net works is forward-looking, e. g. , forecasting Internet telephony adoption and the structure of future retail markets. The broadband regime brings with it concerns of identifying appropriate standards and delivery for universal service. Regulation and pricing are matters of importance as well as appropriate investment decisions within a market of ongoing innovation. The volume is divided in five parts: e-commerce business models; network technology and productivity; demand and pricing; market growth, regulation and investment; and issues related to the development imperative. The structure of the volume is guided by the basic themes considered at the International Telecommu nications Society's Asia-Australasian Regional Conference "Mcbusiness, E commerce and the Impact of Broadband on regional Development and Business Prospects", which took place in Perth Western Australia on 22-24 June 2003. The volume contains a selection of papers presented at this conference as well as four additional invited papers, commissioned to augment the volume. The invited pa pers are authored by Jerry Hausman (Chapter 1), Jeffery Bernstein and Charles Zarkadas (Chapter 6), M. Ishaq Nadiri and Banani Nandi (Chapter 8) and Glenn Woroch (Chapter 13).




Mobile Data Roaming and Incentives for Investment in Rural Broadband Infrastructure


Book Description

Mobile broadband Internet access is highly important to the American economy. The benefits of mobile broadband depend on investment in deploying and upgrading network infrastructure by broadband providers. Thus investment in mobile wireless infrastructure plays a vitally important role in sustaining the growth of the industry and the economy. There is a high opportunity cost from the forgone benefits when investment is discouraged. Each dollar not spent on investment destroys more than a dollar's worth of economic output and GDP, as well as lowering earnings and employment, due to the interconnected nature of the economy. Preserving incentives and lowering barriers to invest thus are paramount. Roaming arrangements among service providers allow a provider to offer service to its customers when they travel to areas where the provider holds no spectrum licenses. Current federal policy toward mobile data roaming, however, has the potential to discourage investment in infrastructure, and indeed appears to have done so. Today's rules grant ever more bargaining power and lower rates to the party requesting roaming from the carrier that actually deployed the infrastructure, constituting a form of access regulation that deters investment by allowing free-riding on others' networks. The analysis performed here indicates that the poor incentives created by liberal data roaming policy may have cost the economy an estimated $20 billion in output, $11 billion in GDP, $6 billion in earnings for workers, and 134,000 jobs. Under some alternative assumptions, these opportunity costs are even larger.




Future Fixed and Mobile Broadband Internet, Clouds, and IoT/AI


Book Description

FUTURE FIXED AND MOBILE BROADBAND INTERNET, CLOUDS, AND IoT/AI All-in-one resource on the development of Internet and telecoms worldwide, based on the technological frameworks as defined by the ITU Future Fixed and Mobile Broadband Internet, Clouds, and IoT/AI is a highly comprehensive resource that provides full coverage of existing and future fixed and mobile broadband networks, internet, and telecom and OTT services. This book explains how to perform technical, business, and regulatory analysis for future 5G-Advanced, 6G, WiFi, and optical access. This book also covers optical transport, submarine cable, future satellite broadband, cloud computing, massive and critical IoT and frameworks and use of AI / ML in telecommunications. Topics covered include: Internet technologies, IPv6, QUIC, DNS, IPX, QoS in Internet/IP, cybersecurity, future Internet 2030, Internet governance Future metallic and optical broadband, carrier-grade Ethernet, SD-WAN, OTN, submarine cable, satellite broadband, business and regulation of broadband Future mobile and wireless broadband, 5G-Advanced, 5G/6G spectrum management, 5G Non-Terrestrial Networks, QoS, 6G/IMT-2030, WiFi 7 (802.11.be), mobile business and regulatory aspects Cloud computing architectures and service models, MLaaS, BaaS, future OTT and telecom cloud services, business and regulation of clouds Future voice, future TV, XR/AR/VR, critical IoT/AI services, future OTT services, metaverse, network neutrality, future digital economy and markets Future Fixed and Mobile Broadband Internet, Clouds, and IoT/AI is an essential reference for government officials and regulators, business leaders, engineers, managers, and employees in the telecommunications industry, ICT business professionals, and students in telecommunications.




Broadband Adoption


Book Description




The Entrepreneurial Society


Book Description

Previous generations enjoyed the security of lifelong employment with a sole employer. Public policy and social institutions reinforced that security by producing a labor force content with mechanized repetition in manufacturing plants, and creating loyalty to one employer for life. This is no longer the case. Globalization and new technologies have triggered a shift away from capital and towards knowledge. In today's global economy, where jobs and factories can be moved quickly to low-cost locations, the competitive advantage has shifted to ideas, insights, and innovation. But it is not enough just to have new ideas. It takes entrepreneurs to actualize them by championing them to society. Entrepreneurship has emerged as the proactive response to globalization. In this book, award-winning economist David B. Audretsch identifies the positive, proactive response to globalization--the entrepreneurial society, where change is the cutting edge and routine work is inevitably outsourced. Under the managed economy of the cold war era, government policies around the world supported big business, while small business was deemed irrelevant and largely ignored. The author documents the fundamental policy revolution underway, shifting the focus to technology and knowledge-based entrepreneurship, where start-ups and small business have emerged as the driving force of innovation, jobs, competitiveness and growth. The role of the university has accordingly shifted from tangential to a highly valued seedbed for coveted new ideas with the potential to create not just breathtaking new ventures but also entire new industries. By understanding the shift from the managed economy and the emergence of the entrepreneurial society, individuals, businesses, and communities can learn how to proactively harness the opportunities afforded by globalization in this new entrepreneurial society.




The Impact of Mobile Broadband Infrastructure on Technological Innovation


Book Description

Innovation is one of the drivers of national competitiveness and economic growth. Considering well-established information and communication technologies (ICT) infrastructure is essential for the national level of innovation, the ICT infrastructure such as mobile broadband has an impact on the innovation. Using longitudinal panel data, this study examines whether mobile broadband diffusion, R&D expenditure, education, income, and corruption perception index (CPI) have influenced technological innovation. The results of the data analysis suggest that mobile broadband infrastructure is one of the key drivers of technological innovation. This finding implies that mobile broadband diffusion stimulates knowledge-based innovation and contributes to economic growth. The study also finds that R&D expenditure is an influential factor of innovation, which implies that the improvement of knowledge capital by R&D investment can promote innovations. In addition, education and corruption perception index are positively associated with innovation, indicating that human capital and government efficiency can boost innovations.




The Report: Bahamas 2009


Book Description




Exploring Journalism Practice and Perception in Developing Countries


Book Description

Media outlets play a pivotal role in fostering the positive and beneficial development of countries in modern society. By properly informing citizens of critical national concerns, the media can help to transform society and promote active participation. Exploring Journalism Practice and Perception in Developing Countries is a crucial reference source for the latest scholarly material on the impacts of development journalism on contemporary nations and the media’s responsibility to inform citizens of government and non-government activities. Highlighting a range of pertinent topics such as media regulation, freedom of expression, and new media technology, this book is ideally designed for researchers, academics, professionals, policy makers, and students interested in the role of journalist endeavors in developing nations.




The Routledge Companion to Mobile Media


Book Description

The last decade has witnessed the rise of the cell phone from a mode of communication to an indispensable multimedia device, and this phenomenon has led to the burgeoning of mobile communication studies in media, cultural studies, and communication departments across the academy. The Routledge Companion to Mobile Media seeks to be the definitive publication for scholars and students interested in comprehending all the various aspects of mobile media. This collection, which gathers together original articles by a global roster of contributors from a variety of disciplines, sets out to contextualize the increasingly convergent areas surrounding social, geosocial, and mobile media discourses. Features include: comprehensive and interdisciplinary models and approaches for analyzing mobile media; wide-ranging case studies that draw from this truly global field, including China, Africa, Southeast Asia, the Middle East, and Latin America, as well as Europe, the UK, and the US; a consideration of mobile media as part of broader media ecologies and histories; chapters setting out the economic and policy underpinnings of mobile media; explorations of the artistic and creative dimensions of mobile media; studies of emerging issues such as ecological sustainability; up-to-date overviews on social and locative media by pioneers in the field. Drawn from a range of theoretical, artistic, and cultural approaches, The Routledge Companion to Mobile Media will serve as a crucial reference text to inform and orient those interested in this quickly expanding and far-reaching field.