The impact of the Internet on global industry: New evidence of Internet measurement

Ting Ting Huang and Bruce Qiang Sun
Authors registered in the RePEc Author Service: Tina T Swan

Research in International Business and Finance, 2016, vol. 37, issue C, 93-112

Abstract: This paper presents a new way to measure the diffusion of the Internet, using a panel of 10 countries. Different from the previous literature, we use city-level daily databases, downloaded from Cooperative Association for Internet Data Analysis (CAIDA), to construct weekly data across countries. The determinants of Internet cross-traffic traveling are studied using several attributes which offer new opportunities to define network construction and information technology. With the Swiss KOF Globalization Index, this data can be used to reevaluate financial services and business marketing, political interaction and social emergence, and globalization. The major findings are that a significant and positive relationship exists between Internet distance and the different globalization indexes: economic and financial globalization, political globalization, and social globalization. The Internet flows ahead of globalization. The dynamic panel causality analysis demonstrates further empirically the causality of the Internet diffusion on the different indexes of globalization.

Keywords: Internet; Distance; Globalization; Gravity equation (search for similar items in EconPapers)
JEL-codes: F10 F15 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0275531915300143
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:37:y:2016:i:c:p:93-112

DOI: 10.1016/j.ribaf.2015.09.008

Access Statistics for this article

Research in International Business and Finance is currently edited by T. Lagoarde Segot

More articles in Research in International Business and Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().