Monday, November 26, 2012

Mobile Phones—Especially 3G Ones—Make Economies Grow Faster

Snow, Jackie. "Mobile Phones—Especially 3G Ones—Make Economies Grow Faster." Quartz, November 25, 2012.

From the article: "Now there is evidence that improving mobile Internet access helps economies too. A recent study examined the effect of faster 3G wireless data connections replacing slower 2G ones. The study by the GSM Association mobile trade group, Deloitte and Cisco, looked at 96 developed and developing markets from 2008 to 2011. When a market experienced a 10% shift from 2G to 3G, GDP per capita growth increased by an average of 0.15 percentage points. A separate look into 14 countries between 2005 to 2010 found that a doubling of mobile data use led to an increase of 0.5 percentage points in per capita growth." Read more

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