Valuing the virtual: The impact of fiber to the home on property prices in France

IF 5.9 2区 管理学 Q1 COMMUNICATION Telecommunications Policy Pub Date : 2024-03-23 DOI:10.1016/j.telpol.2024.102732
Jean-Baptiste Guiffard
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Abstract

This paper examines the value that households place on very high-speed internet access, explicitly focusing on the impact of eligibility for Fiber to the Home (FTTH) technology on property prices. Using a Spatial Discontinuity Design based on the border of fiber eligibility zones which have significantly expanded under France’s Très Haut-Débit plan, I find that FTTH eligibility is a significant determinant of property prices, with an average increase of 0.9 percent. I also consider heterogeneities in FTTH valuation, accounting for socioeconomic characteristics, local factors, and the performance of legacy copper networks. These findings highlight the growing importance of fast and reliable broadband access for households and have important implications for policymakers and Internet service providers.

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虚拟估价:光纤入户对法国房地产价格的影响
本文研究了家庭对高速互联网接入的重视程度,明确关注光纤到户(FTTH)技术资格对房产价格的影响。根据法国的 "Très Haut-Débit "计划,光纤到户资格区的边界已大幅扩大,通过使用基于该边界的空间不连续设计,我发现光纤到户资格是房产价格的重要决定因素,平均涨幅为 0.9%。我还考虑了 FTTH 估值的异质性,考虑了社会经济特征、当地因素和传统铜缆网络的性能。这些发现凸显了快速可靠的宽带接入对家庭日益增长的重要性,对政策制定者和互联网服务提供商具有重要意义。
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来源期刊
Telecommunications Policy
Telecommunications Policy 工程技术-电信学
CiteScore
10.80
自引率
12.50%
发文量
122
审稿时长
38 days
期刊介绍: Telecommunications Policy is concerned with the impact of digitalization in the economy and society. The journal is multidisciplinary, encompassing conceptual, theoretical and empirical studies, quantitative as well as qualitative. The scope includes policy, regulation, and governance; big data, artificial intelligence and data science; new and traditional sectors encompassing new media and the platform economy; management, entrepreneurship, innovation and use. Contributions may explore these topics at national, regional and international levels, including issues confronting both developed and developing countries. The papers accepted by the journal meet high standards of analytical rigor and policy relevance.
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