Alleman James, Rappoport Paul. Applied Economics in the Digital Era: Essays in Honor of Gary Madden

Palgrave Macmillan, 2020. — 370 p.Gary Madden was a renaissance man concerning the nexus between information and communications technology (ICT) and economics. He contributed to a variety of fields in ICT: applied econometrics, forecasting, internet governance, and policy. This series of essays, two of which were co-authored by Professor Madden before his untimely death, cover the range of his research interests. While the essays focus on several ICT issues, they are on the frontier of research in the sector. Gerard Faulhaber provides a broad overview of how we have reached the digital age and its implications. The applied econometric section brings the latest research in the area, for example, Lester Taylor illustrates how own-price, cross-price, and income elasticities can be calculated from survey data and translated into real income effects. The forecasting section ranges from forecasting online political participation to broadband’s impact on economic growth. The final section covers aspects of governance and regulation of the ICT sector.