Peter Orazem, university professor, and Younjun Kim ('15 PhD economics), assistant professor, Southern Connecticut State University, wrote a March 22nd blogpost "You've got internet! - connecting rural areas" for the Oxford University Press's OUPblog.
"Proponents argue that better broadband access will improve economic growth in rural areas by lowering production costs and increasing the size of the market for the sale of goods. Transaction costs will fall allowing rural business to better reach customers."
" Broadband access might not provide the substantial benefits policy-makers anticipated. Increased competition from online competitors may adversely affect local businesses."
Read the blogpost.
Orazem and Kim are the authors of the article "Broadband Internet and New Firm Location Decisions in Rural Areas" published in The American Journal of Agricultural Economics.