Stats and Curiosities: From Harvard Business Review by Harvard Business Review

Author:Harvard Business Review
Language: eng
Format: mobi
Publisher: Harvard Business Review Press
Published: 2013-09-23T14:00:00+00:00

broadband boosts well-being as effectively as a robust economy

A 10-percentage-point increase in broadband penetration produces the same lift in the population’s subjective well-being as a 2.89% increase in GDP per capita, say Georgios Kavetsos of Cass Business School and Pantelis Koutroumpis of Imperial College Business School, both in London. In fact, ownership of a range of high-tech devices, including phones, CD players, and computers, is associated with significantly higher levels of satisfaction, according to their study of 29 countries, most in Europe. The researchers found no such effect for ownership of TV sets, however.

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