Increase in Telecommunications Expenditure and the Migration of Consumption Online: The Case of South Korea

Cited 5 time in webofscience Cited 0 time in scopus
  • Hit : 354
  • Download : 0
Using longitudinal time-series data, this article analyzes the causes of the recent sharp increase in household expenditure on telecommunications in South Korea with an almost ideal demand system (AIDS) model. The analysis shows that the Korean household demand for telecommunications has become highly price elastic following structural changes associated with the rapid diffusion of mobile phones and the Internet during 1998-2008. Following these structural changes, telecommunications services have become complements for transportation, books and printed matter, and culture and recreation services, but substitutes for culture and recreation durable goods. Consequently, one important reason for the increase in the expenditure on telecommunications in Korea is the migration of many services from offline to online by means of telecommunications.
Publisher
TAYLOR & FRANCIS INC
Issue Date
2012
Language
English
Article Type
Article
Keywords

IDEAL DEMAND SYSTEM; MONTE-CARLO; STONE INDEX; ELASTICITIES

Citation

INFORMATION SOCIETY, v.28, no.2, pp.61 - 82

ISSN
0197-2243
DOI
10.1080/01972243.2012.651058
URI
http://hdl.handle.net/10203/101741
Appears in Collection
MG-Journal Papers(저널논문)
Files in This Item
There are no files associated with this item.
This item is cited by other documents in WoS
⊙ Detail Information in WoSⓡ Click to see webofscience_button
⊙ Cited 5 items in WoS Click to see citing articles in records_button

qr_code

  • mendeley

    citeulike


rss_1.0 rss_2.0 atom_1.0