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We investigate the relationship between market structure and platforms' incentives to adopt technological innovations in two-sided markets, where platforms may find it optimal to charge zero price on the consumer side and to extract surplus on the advertising side. We consider innovations that...
Persistent link: https://www.econbiz.de/10012822500
We study the nature of peer effects in the market for new cell phones. Our analysis builds on de-identified data from Facebook that combine information on social networks with information on users’ cell phone models. To identify peer effects, we use variation in friends’ new phone...
Persistent link: https://www.econbiz.de/10012867874
We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative price of ICT goods and services in a structural VAR...
Persistent link: https://www.econbiz.de/10013314751
We consider technology choices between green and brown technologies by firms. We use insights from complexity theory …
Persistent link: https://www.econbiz.de/10014358071
For reasons of analytical tractability, new economic geography (NEG) models treat geography in a very simple way: attention is either confined to a simple 2-region or to an equidistant multi-region world. As a result, the main predictions regarding the impact of e.g. diminishing trade costs are...
Persistent link: https://www.econbiz.de/10013316995
The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of … structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …
Persistent link: https://www.econbiz.de/10010264065
This paper examines how product market competition affects firms' timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10010265992
propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced … explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …
Persistent link: https://www.econbiz.de/10012861425
We ask whether epidemic exposure leads to a shift in financial technology usage within and across countries and if so who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with...
Persistent link: https://www.econbiz.de/10013219076
corporations do not experience similar losses. We also find evidence consistent with theory using two alternative measures based on …
Persistent link: https://www.econbiz.de/10014264871