Impacts of the USDA Broadband Initiatives Program on house prices
利用专有房屋销售数据和项目数据,研究了美国农业部宽带倡议项目对房价的影响,发现项目使房价平均上涨2.5%,总收益达投资成本的2.8倍。
Abstract We use proprietary house sales data and program data to investigate impacts of 39 projects supported by USDA's Broadband Initiatives Program on house prices and estimate the capitalized economic benefits of those projects. These projects increased house prices by an average of 2.5 percent after all projects were approved. The estimated benefits of these projects totaled $2.0 billion, 2.8 times the investment costs. We found larger benefits per house for higher cost projects and projects promoting fiber‐to‐the‐household or DSL technology than for wireless projects, but similar positive benefits per house in metropolitan, micropolitan, and small town/rural regions.