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Speed 2.0: evaluating access to universal digital highways

Abstract:

This paper shows that having access to a fast Internet connection is an important determinant of capitalization effects in property markets. Our empirical strategy combines a boundary discontinuity design with controls for time-invariant effects and arbitrary macroeconomic shocks at a very local level to identify the causal effect of broadband speed on property prices from variation that is plausibly exogenous. Applying this strategy to a micro data set from England between 1995 and 2010 we f...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1093/jeea/jvw013

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Divisional Administration
Sub department:
Oxford Martin School
Role:
Author
Publisher:
Oxford University Press
Journal:
Journal of the European Economic Association More from this journal
Volume:
15
Issue:
3
Pages:
586–625
Publication date:
2017-01-09
Acceptance date:
2016-11-14
DOI:
EISSN:
1542-4774
ISSN:
1542-4766
Language:
English
Keywords:
Pubs id:
pubs:865144
UUID:
uuid:fcbd8e06-8613-427b-9a28-17b9273f63c0
Local pid:
pubs:865144
Source identifiers:
865144
Deposit date:
2019-11-01

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