While we know a lot about the importance of #internet related technologies and digitisation practices to #economic performance and #productivity , we don't know much about the long-term effects of the early adoption of such technologies. [2/n]
This is understandable as the commercial #internet is c. only 25 years and relevant #data can be scarce especially at a disaggregated #Regional level. [3/n]
To overcome this issue, we use novel, #geolocated@internetarchive data about the volume of online content in the #UK#regions from 2000 to approximate the early and active engagement with digital economic activities. [4/n]
Using econometric techniques, we find significant positive and long-lasting effects of online content creation in 2000 on subsequent regional productivity levels up to 16 years later. [6/n]
Our data enables us to test the effect of #online content from different second level domain names: [7/n]
And before you say that the #web content is not that important today because of the #twitter, #instagram, #fb etc. try to remember how novel was having a webpage back in 2000! [8/n]
Our findings highlight the sizeable effects of the digital economy that policy-makers should consider when developing future rollout strategies. #5G anyone?? [9/n]
The paper is part of the @RegionalStudies special issue on 'Regional Approaches to data, environment, and society'. Massive thanks to the editors @CraigMDalton@burnsr77 & Jim Thatcher and the anonymous reviewers. [10/n]